Why is Royal Arc Ele. falling/rising?

As of 19-Sep, Royal Arc Electrodes Ltd is experiencing a price increase, currently at 166.50, which reflects a rise of 3.5 or 2.15%. The stock has shown strong performance today, outperforming its sector by 1.47%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The delivery volume on 18 September was 10.8k, which represents a significant increase of 125% compared to the 5-day average, suggesting rising investor participation. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, Royal Arc Electrodes Ltd has outperformed the Sensex over the past week, with a return of +4.06% compared to the benchmark's +0.85%. Over the past month, the stock has also shown a return of +6.05%, significantly higher than the Sensex's +1.39%. This strong relative performance indicates that investor sentiment towards Royal Arc Electrodes Ltd is favorable, contributing to its rising stock price amidst a generally stable market environment.