Why is Omansh Enterpri. falling/rising?

As of 06-Oct, Omansh Enterprises Ltd is experiencing a price increase, currently at Rs. 104.44, reflecting a rise of 4.97 or 5.0%. The stock has shown strong performance today, hitting a new 52-week and all-time high of Rs. 104.44, and has outperformed its sector by 5.66%. It has been on a positive trajectory, gaining for three consecutive days with a total return of 15.75% over the past week. The stock opened with a gap up of 5% and has consistently traded at this price level. Additionally, it is trading above all key moving averages, indicating strong momentum. However, there has been a notable decline in investor participation, with delivery volume dropping by 66.67% against the 5-day average, which may suggest some caution among investors.
In the broader market context, Omansh Enterprises Ltd has significantly outperformed the Sensex, with a year-to-date return of 2386.67% compared to the Sensex's 4.67%. Over the past week, while the stock has risen by 15.75%, the Sensex has only increased by 1.77%, highlighting the stock's strong relative performance. This substantial outperformance may attract further investor interest, despite the recent decline in delivery volume. Overall, the combination of strong price movement, positive returns, and relative strength against the benchmark contributes to the stock's rising trend.