Why is Quality Power El falling/rising?

As of 23-Jun, Quality Power Electrical Equipments Ltd is experiencing a price increase, currently at Rs. 611.00, which reflects a rise of Rs. 39.25 or 6.86%. The stock has recently hit a new 52-week and all-time high of Rs. 618.85 today, indicating strong upward momentum. It has outperformed its sector by 8.27% and has shown a significant gain of 17.75% over the last two days. Despite opening with a loss of 2.05%, the stock has traded in a wide range of Rs. 63.85, with increased investor participation reflected in a 124.78% rise in delivery volume on June 20 compared to the 5-day average. Additionally, the stock is trading above its moving averages across various time frames, suggesting a bullish trend.
In the broader market context, Quality Power's short-term performance stands out significantly against the benchmark Sensex, which has only increased by 0.12% over the past week and 0.22% over the past month. This stark contrast highlights the stock's strong performance relative to the market. The company's robust trading activity and positive investor sentiment contribute to its rising price, while the overall market remains relatively flat.