Why is OBSC Perfection falling/rising?

As of 20-Aug, OBSC Perfection Ltd's stock price is rising, currently at 338.35, reflecting an increase of 7.65 or 2.31%. The stock has recently hit a new 52-week and all-time high of Rs. 341 today, indicating strong upward momentum. It has outperformed its sector by 3.48% 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 decline in investor participation, with delivery volume falling by 6.25% against the 5-day average, which may suggest a potential concern for sustained buying interest. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, OBSC Perfection Ltd has shown impressive returns compared to the benchmark Sensex. Over the past week, the stock has increased by 11.67%, significantly outperforming the Sensex's 1.75% gain. In the last month, the stock has risen by 13.14%, while the Sensex has only increased by 0.33%. Year-to-date, OBSC Perfection has achieved a remarkable return of 49.58%, compared to the Sensex's 5.95%. This strong performance relative to the benchmark indicates robust investor confidence in OBSC Perfection Ltd, contributing to its rising stock price.