Why is Rapicut Carbides falling/rising?

As of 19-Nov, Rapicut Carbides Ltd is experiencing a price increase, currently at Rs 102.00, which reflects a rise of Rs 4.35 or 4.45%. The stock has shown strong performance recently, gaining 17.5% over the past week and outperforming its sector by 2.16% today. It has been on a consecutive gain streak for the last five days, with an intraday high of Rs 102.5. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. There is also a notable increase in investor participation, with delivery volume rising by 58.47% compared to the 5-day average, suggesting heightened interest in the stock.
In the broader market context, Rapicut Carbides has significantly outperformed the benchmark Sensex over the past week, which has only increased by 0.85%. Over the past month, the stock has risen by 36.02%, while the Sensex has gained just 1.47%. However, it is important to note that the stock has a year-to-date return of -0.49%, contrasting with the Sensex's positive return of 9.02%. This indicates that while the stock is currently on an upward trajectory, it has faced challenges earlier in the year compared to the overall market performance.