Why is Rajesh Power falling/rising?

As of 23-Sep, Rajesh Power Services Ltd is experiencing a price increase, currently at Rs 1,590.95, which reflects a rise of Rs 62.05 or 4.06%. The stock has shown strong performance recently, gaining 14.78% over the last six days and outperforming its sector by 4.76% today. It opened with a gain of 2.23% and reached an intraday high of Rs 1,610, which is 5.3% higher than its previous close. Additionally, the stock is trading above all key moving averages, indicating a bullish trend. The stock's year-to-date return stands at an impressive 41.94%, significantly outpacing the Sensex's 5.07% return, although the one-month performance shows a slight underperformance compared to the benchmark.
Broader Market Context: In the short term, Rajesh Power's return of +13.77% over the past week contrasts sharply with the Sensex's decline of 0.34%, highlighting the stock's strong relative performance. The rising investor participation, evidenced by a 175.2% increase in delivery volume, suggests growing confidence among investors, contributing to the stock's upward momentum. Overall, the combination of positive price movements, strong returns relative to the benchmark, and increased trading activity supports the stock's rising trend in the current market environment.