Why is Regent Enterp. falling/rising?

As of 13-Oct, Regent Enterprises Ltd is experiencing a significant rise in its stock price, currently at Rs 7.45, reflecting an increase of Rs 1.22 or 19.58%. The stock has outperformed its sector by 18.65% today and has shown strong momentum with consecutive gains over the last two days, accumulating a total return of 29.57% in this period. Additionally, the stock has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The recent increase in delivery volume, which rose by 64.97% against the 5-day average, suggests rising investor participation, contributing to the stock's upward movement. There is no information available regarding positive or negative factors that could impact the stock.
Broader market context shows that Regent Enterprises Ltd has significantly outperformed the benchmark Sensex in the short term, with a 1-week return of +26.06% compared to the Sensex's +0.66%. Over the past month, the stock has also outperformed the benchmark, achieving a return of +31.86% against the Sensex's +0.52%. This strong performance relative to the broader market indicates that investor sentiment towards Regent Enterprises Ltd is currently very positive, contributing to the stock's rising price.