Why is Kapston Services falling/rising?

As of 19-Nov, Kapston Services Ltd is experiencing a price increase, with its current price at Rs. 344.95, reflecting a rise of Rs. 10.05 or 3.0%. The stock has recently hit a new 52-week high of Rs. 356.75 and has outperformed its sector by 2.32%. Additionally, it is trading above all its moving averages, indicating strong upward momentum. Over the past week, the stock has gained 13.06%, and its year-to-date return stands at an impressive 32.32%. However, there has been a notable decline in investor participation, with delivery volume dropping by 50.52% compared to the 5-day average, which may raise concerns about the sustainability of the current price levels.
In the broader market context, Kapston Services has significantly outperformed the Sensex, which has only seen a 0.68% increase over the past week. This stark contrast highlights the stock's strong performance relative to the benchmark. Furthermore, the stock's impressive long-term returns, such as a 443.44% increase over three years compared to the Sensex's 42.30%, suggest robust investor confidence. Despite the recent drop in delivery volume, the overall liquidity remains adequate for trading, indicating that while there may be some caution among investors, the stock's strong performance metrics continue to drive its price upward.