Why is PTC Industries falling/rising?

As of 08-Aug, PTC Industries Ltd is experiencing a price increase, currently trading at 15,128.35, which reflects a rise of 193.35 or 1.29%. The stock is performing well, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 17.61% compared to the 5-day average. Over the past year, PTC Industries has generated an 8.06% return, consistently outperforming the BSE500 in each of the last three annual periods. The company, with a market capitalization of Rs 22,379 crore, is the largest in its sector, constituting 27.52% of the entire sector, which further supports its strong performance.
In the broader market context, PTC Industries has shown a positive short-term return of 2.61% over the past week, while the benchmark Sensex has declined by 0.92%. This indicates that PTC Industries is outperforming the market, contributing to its rising stock price. The company's consistent returns over the last three years and its significant market presence suggest a strong position within its industry, which may attract more investors despite the overall market conditions.