Why is Rico Auto Inds falling/rising?

As of 19-Nov, Rico Auto Industries Ltd is experiencing a price increase, with its current price at Rs. 115.68, reflecting a rise of Rs. 2.9 or 2.57%. The stock has reached a new 52-week high of Rs. 118 today and has been on a consecutive gain streak for the last nine days, accumulating a remarkable 43.76% return during this period. Additionally, the stock is outperforming its sector by 1.34% and is trading above all key moving averages, indicating strong upward momentum. The recent increase in investor participation, with a delivery volume that has risen by 65.71% compared to the five-day average, further supports the positive sentiment around the stock. There are no specific positive or negative factors available to elaborate on their impact.
Broader market context shows that Rico Auto Industries Ltd has significantly outperformed the benchmark Sensex over various time frames. In the past week, the stock has gained 24.28%, while the Sensex has only increased by 0.85%. Over the past month, the stock's return of 35.50% far exceeds the Sensex's 1.47%. Year-to-date, the stock has risen by 39.88%, compared to the Sensex's 9.02%, and over the last three years, it has achieved a return of 105.47% against the Sensex's 38.15%. This strong performance relative to the benchmark indicates robust investor confidence and market interest in Rico Auto Industries Ltd.