Why is Master Component falling/rising?

As of 08-Oct, Master Components Ltd is experiencing a price increase, currently at 389.00, reflecting a rise of 17.25 or 4.64%. The stock has shown strong performance today, outperforming its sector by 5.44%. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 73.91% compared to the 5-day average. The stock has also demonstrated impressive returns over various periods, including a year-to-date increase of 30.10% and a one-year increase of 36.47%, significantly outperforming the Sensex, which has only risen by 5.93% and 0.13% in the same time frames.
In the broader market context, Master Components Ltd's short-term return of 12.27% over the past week and month significantly exceeds the Sensex's respective increases of 0.84% and 1.10%. This strong performance relative to the benchmark suggests that investor sentiment towards Master Components is particularly positive, likely driven by favorable trading conditions and increased liquidity, as indicated by the stock's ability to maintain a liquid status for trading. Overall, the combination of strong stock-specific factors and favorable comparisons to the broader market contributes to the rising price of Master Components Ltd.