Why is Gowra Leasing falling/rising?

As of 04-Nov, Gowra Leasing & Finance Ltd is experiencing a price increase, with its current price at Rs 105.00, reflecting a rise of Rs 4.5 or 4.48%. The stock has shown strong performance today, outperforming its sector by 4.45% and has been on a consecutive gain streak for the last two days, accumulating a total return of 8.62% during this period. Additionally, the stock opened with a significant gain of 4.98% and reached an intraday high of Rs 105.5. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 172.28% compared to the 5-day average, suggesting heightened interest in the stock.
In the broader market context, Gowra Leasing has outperformed the Sensex over various time frames, including a 1-week return of +11.87% compared to the Sensex's -1.38%. This strong performance is further highlighted by its year-to-date return of +80.10% against the Sensex's +6.81%. The stock's liquidity is adequate for trading, as it represents 2% of the 5-day average traded value. Overall, the combination of strong recent performance, increased investor interest, and favorable comparisons to the benchmark indices contributes to the stock's rising price.