Why is Gujarat Hy-Spin falling/rising?

As of 08-Sep, Gujarat Hy-Spin Ltd's stock price is currently at Rs 26.50, reflecting an increase of Rs 0.25 or 0.95%. The stock has shown strong performance recently, with a 1-week return of 6.64% and a year-to-date return of 27.71%. It is currently trading close to its 52-week high, just 3.92% away from Rs 27.54. Additionally, the stock has outperformed its sector by 1.75% today and is trading above all key moving averages, indicating a bullish trend. There has also been a significant increase in investor participation, with delivery volume rising by 284.62% compared to the 5-day average, suggesting heightened interest in the stock.
In the broader market context, Gujarat Hy-Spin's recent performance has significantly outpaced the benchmark Sensex, which has only gained 0.53% over the past week. The stock's strong returns over various periods, including a remarkable 100% increase over the past year compared to a slight decline in the Sensex, further highlight its robust performance. This divergence indicates that investor sentiment towards Gujarat Hy-Spin remains positive, contributing to its rising stock price amidst a generally stable market environment.