Why is Quality Power El falling/rising?

As of 10-Sep, Quality Power Electrical Equipments Ltd is experiencing a price increase, currently at Rs. 949.05, which reflects a rise of Rs. 24.05 or 2.6%. The stock has recently hit a new 52-week and all-time high of Rs. 976.9, indicating strong upward momentum. Over the past week, the stock has gained 7.52%, and in the last month, it has surged by 23.33%. Despite a recent decline in investor participation, with delivery volume falling by 16.82% against the 5-day average, the stock is outperforming its sector by 1.76% today and has shown consistent gains over the last two days, accumulating a total return of 5.45%.
In the broader market context, the Sensex has only increased by 1.06% over the past week and 1.96% over the past month, which highlights Quality Power's strong performance relative to the benchmark. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend. The liquidity of the stock remains adequate for trading, with a value of Rs. 2.19 crore based on 2% of the 5-day average traded value. Overall, the combination of hitting new highs, strong short-term returns compared to the benchmark, and solid trading patterns contribute to the stock's rising price.