Why is Porwal Auto Comp falling/rising?

As of 18-Nov, Porwal Auto Components Ltd is experiencing a price increase, currently at Rs 63.64, reflecting a rise of 1.94 (3.14%). Despite opening with a loss of 3.16% today, the stock managed to touch an intraday high of Rs 65, indicating a recovery during the trading session. The stock has outperformed its sector by 3.07% and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has shown strong performance over various periods, with a 1-week return of 8.97% and a 1-year return of 26.42%, suggesting a robust upward trend in its price.
In the broader market context, the Sensex has only increased by 0.96% over the past week, highlighting that Porwal Auto Components Ltd is significantly outperforming the benchmark index. The stock's liquidity remains adequate, with a delivery volume increase of 12.66% compared to the 5-day average, indicating rising investor participation. Although there are no specific positive or negative factors provided, the overall performance metrics suggest strong investor confidence and market interest, contributing to the stock's upward movement.