Why is Jindal Leasefin falling/rising?

As of 11-Nov, Jindal Leasefin Ltd's stock price is rising, currently at Rs. 54.40, reflecting an increase of 2.59 (5.0%). The stock has recently hit a new 52-week high and has been on a positive trajectory, gaining for the last nine consecutive days with a total return of 26.51% during this period. It opened with a gain of 5% today and has consistently traded at this price level. Additionally, the stock is outperforming its sector by 6.98% today and is trading above all key moving averages, indicating strong momentum. Rising investor participation is also evident, with delivery volume increasing by 4.46% compared to the five-day average, suggesting heightened interest in the stock.
In the broader market context, Jindal Leasefin's short-term performance significantly outpaces the benchmark, with a one-week return of +17.04% compared to the Sensex's +0.49%. Over the past month, the stock has risen by 29.55%, while the Sensex has only increased by 1.66%. This substantial outperformance highlights the stock's strong appeal among investors, contributing to its rising price amidst a relatively stable market environment.