Why is Quality Power El falling/rising?

As of 23-Sep, Quality Power Electrical Equipments Ltd is experiencing a price increase, currently at 1,046.80, reflecting a rise of 47.25 or 4.73%. The stock has recently hit a new 52-week and all-time high of Rs. 1053, indicating strong upward momentum. Over the past week, the stock has gained 11.96%, and in the last month, it has risen by 32.81%, significantly outperforming the Sensex, which has only increased by 0.98% during the same period. However, there is a noted decline in investor participation, with delivery volume dropping by 49.32% against the five-day average, which could indicate a potential concern for sustained momentum.
Broader Market Context: In the short term, Quality Power Electrical Equipments Ltd has outperformed the benchmark Sensex, which has seen a slight decline of 0.34% over the past week. This strong performance relative to the market suggests that the stock's rise is driven by company-specific factors rather than broader market trends. The stock's consistent trading above its moving averages further supports its upward trajectory, although the decrease in delivery volume may warrant caution moving forward.