Why is PPAP Automotive falling/rising?

As of 20-Aug, PPAP Automotive Ltd's stock price is rising, currently at Rs 249.50, reflecting an increase of Rs 11.4 or 4.79%. The stock has shown strong performance today, outperforming its sector by 4.81% and has been on a consecutive gain streak for the last four days, accumulating a remarkable 18.87% return over that period. Additionally, the stock opened with a gain of 2.02% today and reached an intraday high of Rs 249.75. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 12.43% compared to the 5-day average, suggesting heightened interest in the stock.
In the broader market context, PPAP Automotive's short-term return of 18.87% over the past week significantly outpaces the Sensex, which only gained 1.64% during the same period. This strong performance relative to the benchmark indicates that investor sentiment towards PPAP Automotive is particularly positive compared to the overall market. While there are no specific positive or negative factors listed, the stock's liquidity is deemed sufficient for trading, which may contribute to its upward momentum. Overall, the combination of strong recent performance, positive investor sentiment, and favorable trading conditions supports the stock's rising price.