Why is Maruti Sec. falling/rising?

As of 26-Aug, Maruti Securities Ltd is experiencing a price increase, with its current price at Rs. 68.98, reflecting a rise of 3.28 (4.99%). The stock has been on an upward trend, gaining for the last 18 days and achieving a remarkable 119.68% return during this period. Today, it reached a new 52-week and all-time high of Rs. 68.98, outperforming its sector by 6.94%. Additionally, the stock is trading above all key moving averages, indicating strong momentum. The recent surge in investor participation, with delivery volume increasing by 103.44% against the 5-day average, further supports the positive movement of the stock.
In the broader market context, Maruti Securities has significantly outperformed the Sensex, which has seen a decline of 1.05% over the past week, while Maruti's stock has surged by 27.58% in the same timeframe. Over the past month, Maruti has shown an impressive return of 113.63%, contrasting with the Sensex's slight decline of 0.83%. This stark difference highlights the stock's strong performance relative to the broader market, reinforcing the bullish sentiment surrounding Maruti Securities amidst a generally weaker financial/NBFC sector, which has fallen by 2.02%.