Why is Gujarat Hy-Spin falling/rising?

As of 04-Sep, Gujarat Hy-Spin Ltd's stock price is rising, currently at Rs 26.40, reflecting an increase of Rs 1.4 or 5.6%. The stock has shown strong performance, with a 5.60% increase over the past week and a remarkable 93.41% rise over the past year. Additionally, the stock is trading above its moving averages across various time frames, indicating a bullish trend. It is also close to its 52-week high, just 4.32% away from Rs 27.54. The rising investor participation, evidenced by a 21.21% increase in delivery volume, further supports the stock's upward movement. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's performance.
Broader market context shows that Gujarat Hy-Spin has significantly outperformed the benchmark Sensex, which has only increased by 0.80% over the past week and declined by 0.37% over the past month. The stock's year-to-date return of 27.23% also surpasses the Sensex's 3.30% gain, highlighting its strong relative performance. Overall, the stock's robust returns and positive trading indicators suggest a favorable outlook compared to the broader market trends.