Why is Rex Pipes&Cables falling/rising?

As of 22-Sep, Rex Pipes & Cables Industries Ltd is experiencing a price increase, with the current price at Rs 166.00, reflecting a rise of Rs 6.0 or 3.75%. The stock is currently trading close to its 52-week high, being only 3.01% away from Rs 171. It has outperformed its sector by 4.56% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 233.33% compared to the 5-day average. The stock has shown impressive returns over various periods, including a year-to-date increase of 126.78% and a 3-year increase of 337.99%, indicating strong performance relative to the market.
In the broader market context, Rex Pipes & Cables has outperformed the Sensex, which has only increased by 6.59% year-to-date. The stock's 1-week return of 0.61% also surpasses the Sensex's 0.53% increase, showcasing its strength in the short term. This positive momentum is likely supported by the rising investor interest and liquidity, as evidenced by the substantial increase in delivery volume. Overall, the stock's strong performance metrics and positive investor sentiment contribute to its rising price trend.