Why is Quality Power El falling/rising?

As of 10-Jun, Quality Power Electrical Equipments Ltd is experiencing a price increase, currently at Rs. 522.90, which reflects a rise of Rs. 32.9 or 6.71%. The stock has recently hit a new 52-week and all-time high of Rs. 527.85 today, demonstrating strong upward momentum. Over the past week, the stock has gained 9.51%, and in the last month, it has surged by 52.38%. Additionally, the stock has outperformed its sector by 6.81% today and has shown consistent gains over the last three days, accumulating a total return of 13.92%. The increase in delivery volume by 142.22% against the five-day average indicates rising investor participation, which is a positive factor contributing to the stock's upward movement.
In the broader market context, the stock's short-term performance significantly outpaces the benchmark Sensex, which has only increased by 2.05% over the same one-week period. This strong relative performance suggests that investor sentiment towards Quality Power Electrical Equipments Ltd is particularly favorable compared to the overall market. The stock's liquidity is also adequate, supporting its trading activity, which further enhances its appeal to investors. Overall, the combination of positive price movements, strong investor participation, and outperformance against the benchmark contributes to the stock's rising trend.