Why is Quality Power El falling/rising?

As of 30-Sep, Quality Power Electrical Equipments Ltd is experiencing a price increase, currently at Rs. 1,068.25, which reflects a rise of Rs. 11.95 or 1.13%. The stock has recently hit a new 52-week and all-time high of Rs. 1,081.45 today, indicating strong upward momentum. It has outperformed its sector by 1.53% and has gained 5.35% over the last two days. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend. However, there has been a decline in investor participation, with delivery volume falling by 2.66% compared to the 5-day average, which may indicate some caution among investors.
In the broader market context, Quality Power's short-term performance has been notably strong, with a 1-week return of 2.05%, contrasting sharply with the Sensex, which has declined by 2.23% over the same period. Over the past month, the stock has surged by 36.35%, while the Sensex has only increased by 0.57%. This significant outperformance highlights the stock's strength relative to the broader market, despite the recent dip in delivery volume. Overall, the combination of hitting new highs and strong returns against a backdrop of a declining benchmark suggests that investor sentiment remains positive towards Quality Power, even as participation wanes.