Why is Rex Pipes&Cables falling/rising?

As of 14-Jul, Rex Pipes & Cables Industries Ltd is experiencing a price increase, with the current price at Rs. 128.00, reflecting a change of 2.5 (1.99%) upwards. The stock has recently hit a new 52-week and all-time high of Rs. 136.65 today, indicating strong performance. It has outperformed its sector by 5.97% and is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 37.93% against the 5-day average. The stock has shown impressive returns over various periods, including a year-to-date increase of 74.86% and a three-year return of 190.25%, significantly outperforming the Sensex.
In the broader market context, while Rex Pipes & Cables has shown a strong short-term return of +10.34% over the past week, the Sensex has declined by 1.49% during the same period. This stark contrast highlights the stock's resilience and attractiveness to investors, especially in a challenging market environment. The overall liquidity of the stock is also favorable, allowing for sufficient trading activity. However, there is no information available regarding any specific positive or negative factors that could further influence the stock's recent movement.