Why is Mindteck (India) falling/rising?

As of 07-Oct, Mindteck (India) Ltd is experiencing a significant rise in its stock price, currently at 294.25, reflecting an increase of 32.2 or 12.29%. The stock has shown strong performance today, outperforming its sector by 12.39% and has been on a consecutive gain streak for the last four days, accumulating a return of 27.88% during this period. Additionally, the stock reached an intraday high of Rs 303.95, indicating robust trading activity. The stock is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend. Notably, there has been a remarkable increase in investor participation, with delivery volume rising by 6537.57% against the 5-day average, contributing to the stock's upward momentum. There are no specific positive or negative factors provided, but the overall indicators suggest a favorable environment for the stock.
In the broader market context, Mindteck (India) has outperformed the benchmark Sensex significantly over the past week and month, with returns of 27.88% and 40.72%, respectively, compared to the Sensex's 2.07% and 1.51%. This stark contrast highlights the stock's strong performance relative to the market, reinforcing investor confidence. While the year-to-date return for Mindteck is slightly negative at -0.24%, the recent surge in price and volume indicates a potential turnaround, especially in light of the broader market's positive trajectory, as evidenced by the Sensex's year-to-date gain of 4.85%.