Why is Mac Charles(I) falling/rising?

As of 18-Aug, Mac Charles (India) Ltd is experiencing a price increase, currently at 719.00, reflecting a rise of 27.95 or 4.04%. The stock opened with a gain of 4.19% today and reached an intraday high of Rs 748.9, which is an increase of 8.37%. Over the past week, the stock has outperformed the sector by 3.99% and has shown strong returns over various periods, including a 17.87% increase over the past month and a 22.91% increase over the past year. However, there has been a notable decline in investor participation, with delivery volume dropping by 82.8% against the 5-day average, which may indicate some caution among investors.
Broader Market Context: In comparison to the benchmark Sensex, which has seen a slight increase of 0.83% over the past week, Mac Charles (India) Ltd's 2.68% gain demonstrates a stronger performance in the short term. The stock has also significantly outperformed the benchmark over longer periods, including a 14.72% increase year-to-date compared to the Sensex's 4.01%. This suggests that while the stock is currently rising, the broader market context remains mixed, with the stock's strong performance contrasting with the Sensex's recent struggles.