Why is Maxvolt Energy falling/rising?

As of 06-Nov, Maxvolt Energy Industries Ltd is experiencing a price increase, currently at Rs. 349.75, reflecting a rise of Rs. 21.5 or 6.55%. The stock has recently hit a new 52-week and all-time high of Rs. 356, indicating strong upward momentum. It has outperformed its sector by 7.58% today and is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. However, there has been a notable decline in investor participation, with delivery volume dropping by 83.22% against the 5-day average, which may raise concerns about the sustainability of this price increase. Unfortunately, there is no information available regarding positive or negative factors that could further clarify the reasons behind the stock's movement.
In the broader market context, Maxvolt Energy's short-term performance over the past week shows a gain of 6.73%, significantly outperforming the benchmark Sensex, which has declined by 1.42% during the same period. This stark contrast highlights the stock's strength relative to the overall market, suggesting that investor sentiment towards Maxvolt Energy remains positive despite the broader market challenges. The stock's strong performance over the past month, with a return of 27.67% compared to the Sensex's 1.72%, further reinforces this positive outlook.