Why is Rajesh Power falling/rising?

As of 12-Aug, Rajesh Power Services Ltd is experiencing a price increase, currently at Rs. 1,545.60, which reflects a rise of Rs. 56.6 or 3.8%. The stock has shown strong performance recently, with a consecutive gain over the last two days, resulting in a total return of 6.59%. It reached a new 52-week and all-time high of Rs. 1,620 today, marking an intraday high increase of 8.8%. Additionally, the stock has outperformed its sector by 3.39% and is trading above all key moving averages, indicating a bullish trend. There is also a notable increase in investor participation, with delivery volume rising by 14.79% against the five-day average, suggesting growing interest in the stock.
In the broader market context, Rajesh Power's short-term performance stands in stark contrast to the benchmark Sensex, which has declined by 0.59% over the past week and 2.75% over the past month. While the stock has gained 3.75% in the last week and 14.97% in the last month, the Sensex's negative returns highlight the stock's relative strength in a challenging market environment. This divergence indicates that Rajesh Power is attracting investor confidence despite broader market pressures, contributing to its rising stock price.