Why is RNFI Services falling/rising?

As of 08-Aug, RNFI Services Ltd is experiencing a significant rise in its stock price, currently at 323.60, reflecting an increase of 23.4 or 7.79%. The stock has recently hit a new 52-week and all-time high of Rs. 340 today. It has outperformed its sector by 8.8% 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 95.31% against the 5-day average. The stock's performance over the past week shows a remarkable gain of 21.33%, while it has increased by 28.39% over the past month and 84.60% year-to-date, significantly outperforming the Sensex, which has shown declines in both the short and long term.
In the broader market context, RNFI Services' strong short-term performance contrasts sharply with the Sensex, which has declined by 0.82% over the past week and 4.54% over the past month. This divergence indicates that RNFI Services is gaining traction among investors despite a generally weak market environment. The stock's impressive year-to-date return of 84.60% and one-year return of 134.92% further highlight its strong position relative to the benchmark, which has only increased by 3.04% and 1.02%, respectively. Overall, the combination of strong stock-specific factors and a contrasting broader market performance contributes to the rising trend in RNFI Services' stock price.