Why is Ramchandra Leas. falling/rising?

As of 12-Nov, Ramchandra Leasing and Finance Ltd's stock price is rising, currently at Rs. 8.06, reflecting an increase of Rs. 0.38 or 4.95%. The stock has reached a new 52-week high today and has been on a consecutive gain streak for the last 21 days, resulting in an impressive return of 81.94% over this period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. Investor participation has also increased, with delivery volume rising by 14.67% compared to the 5-day average, contributing to the stock's liquidity and positive performance.
In the broader market context, Ramchandra Leasing and Finance Ltd has significantly outperformed the benchmark Sensex, which has only increased by 1.21% over the past week, while the stock itself has surged by 27.13%. This stark contrast in performance highlights the stock's strong appeal among investors, particularly in light of its remarkable year-to-date return of 133.62% compared to the Sensex's 8.10%. The overall positive sentiment surrounding the stock, driven by consistent gains and rising investor interest, supports its upward trajectory in the market.