Why is OSEL Devices falling/rising?

As of 20-Aug, OSEL Devices Ltd is experiencing a price increase, currently at Rs. 560.85, which reflects a rise of Rs. 26.7 or 5.0%. The stock has reached a new 52-week and all-time high today, outperforming its sector by 4.98%. Additionally, OSEL Devices is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. The stock has shown impressive returns, with a 1-week increase of 18.81% and a 1-month increase of 68.58%. Furthermore, there has been a notable rise in investor participation, with delivery volume increasing by 41.09% compared to the 5-day average, suggesting heightened interest and confidence among investors.
In the broader market context, OSEL Devices has significantly outperformed the Sensex, which has only increased by 1.75% over the past week and 0.33% over the past month. Year-to-date, OSEL Devices has gained 84.55%, while the Sensex has risen by 5.95%, highlighting the stock's strong relative performance. The liquidity of the stock is also favorable, being liquid enough for trades of Rs. 0.04 crore based on 2% of the 5-day average traded value. Overall, the combination of strong price performance, increased investor interest, and favorable trading conditions contributes to the stock's rising trajectory.