Why is GP Eco falling/rising?

As of 01-Jul, GP Eco Solutions India Ltd is experiencing a price increase, currently at 460.30, which reflects a rise of 18.15 or 4.1%. The stock has recently hit a new 52-week and all-time high of Rs. 484, indicating strong upward momentum. It has outperformed its sector by 3.86% today and is trading above all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 188.46% against the 5-day average. The stock has shown impressive returns over various periods, including a 44.93% increase over the past month and a 71.91% rise year-to-date, which further supports its positive movement.
In the broader market context, GP Eco's short-term performance of +19.62% over the past week significantly outpaces the Sensex, which has only increased by 1.99% during the same period. This stark contrast highlights the stock's strong relative strength and investor interest compared to the overall market. The liquidity of the stock, based on 2% of the 5-day average traded value, also suggests it is sufficiently liquid for trading, which can contribute to its rising price. Overall, the combination of strong performance metrics, increased investor participation, and favorable trading conditions are driving the stock's upward trajectory.