Why is Pattech Fitwell falling/rising?

As of 28-Oct, Pattech Fitwell Tube Components Ltd is experiencing a price increase, currently at 137.00, reflecting a rise of 5.55 or 4.22%. The stock has shown strong performance recently, with a one-week return of +20.60% and a one-month return of +16.00%, significantly outperforming the Sensex, which has only increased by 0.26% and 5.20% respectively over the same periods. Additionally, the stock is trading above all its moving averages, indicating a positive trend. Investor participation has also surged, with delivery volume on 27 October rising by 500% compared to the five-day average, suggesting increased interest and confidence in the stock.
In the broader market context, while the Sensex has gained +9.69% year-to-date, Pattech Fitwell's year-to-date return of +29.25% indicates that it is outperforming the benchmark significantly. This strong performance in the stock market, coupled with rising investor participation and liquidity, suggests a favorable sentiment towards Pattech Fitwell. However, it is important to note that there are no specific positive or negative factors provided that could further clarify the reasons behind the stock's recent movements.