Why is Rico Auto Inds falling/rising?

As of 16-Sep, Rico Auto Industries Ltd is experiencing a price increase, currently at 107.70, which reflects a change of 1.49 or 1.4% upward. The stock has shown strong performance recently, gaining 6.8% over the last four days and outperforming its sector by 0.43% today. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The stock has also seen a significant increase in delivery volume, rising by 155.42% compared to the 5-day average, suggesting heightened investor interest. While there is no specific information available regarding positive or negative factors, the overall performance metrics indicate a favorable sentiment towards the stock.
In the broader market context, Rico Auto Industries Ltd has outperformed the benchmark Sensex over various periods, with a 1-week return of 4.45% compared to the Sensex's 1.58%, and a 1-month return of 16.99% against the Sensex's 2.21%. Year-to-date, the stock has achieved a return of 30.23%, significantly higher than the Sensex's 5.43%. This consistent outperformance in both short-term and longer-term returns suggests that investor confidence in Rico Auto is strong relative to the overall market, contributing to its rising stock price.