Why is Paradeep Pari. falling/rising?

As of 09-Oct, Paradeep Parivahan Ltd's stock price is rising, currently at Rs. 153.50, reflecting an increase of Rs. 14.45 or 10.39%. The stock has been on an upward trend, gaining for the last five days and achieving a remarkable 22.6% return over that period. Today, it reached a new 52-week and all-time high of Rs. 153.50, outperforming its sector by 10.06%. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. There has also been a significant increase in investor participation, with delivery volume rising by 152.94% compared to the 5-day average, which suggests heightened interest in the stock.
In the broader market context, Paradeep Parivahan Ltd's short-term performance significantly outpaces the benchmark Sensex, which has only increased by 1.47% over the past week. This stark contrast highlights the stock's strong relative strength in the market. The liquidity of the stock is also favorable, as it is liquid enough for trades of Rs. 0.01 crore based on 2% of the 5-day average traded value. Overall, the combination of positive price movements, increased trading volume, and strong relative performance against the benchmark contributes to the stock's rising trend.