Why is Quality Power El falling/rising?

As of 20-Jun, Quality Power Electrical Equipments Ltd is experiencing a significant rise in its stock price, currently at Rs. 571.75, reflecting an increase of Rs. 52.85 or 10.19%. The stock has recently hit a new 52-week and all-time high of Rs. 585, showcasing strong performance today with an intraday high increase of 12.74%. Over the past week, the stock has outperformed the sector by 9.37% and has shown a remarkable return of 58.38% over the past month. However, it is important to note that there has been a decline in investor participation, with delivery volume falling by 27.21% against the five-day average, which could indicate a potential concern for sustained momentum.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by 1.59% over the past week and 1.50% over the past month, Quality Power Electrical Equipments Ltd's performance stands out significantly. The stock's strong upward movement, coupled with its trading above all major moving averages, suggests robust investor confidence despite the recent drop in delivery volume. This indicates that while the stock is currently rising, the decrease in participation could pose challenges for its future performance if it continues.