Why is OSEL Devices falling/rising?

As of 22-Aug, OSEL Devices Ltd is experiencing a rise in its stock price, currently at Rs. 617.30, reflecting an increase of Rs. 28.45 or 4.83%. The stock has recently hit a new 52-week and all-time high of Rs. 618.25. It has outperformed its sector by 3.36% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 99.37% against the 5-day average. The stock has shown impressive returns, with a 1-week increase of 27.29% and a year-to-date increase of 103.13%, indicating strong positive momentum.
In the broader market context, while OSEL Devices has significantly outperformed the Sensex, which has only increased by 0.97% over the past week and 5.18% year-to-date, this disparity highlights the stock's robust performance relative to the overall market. The stock's liquidity is also favorable, being liquid enough for trades of Rs. 0.06 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 upward movement of OSEL Devices' stock price.