Why is RRP Defense falling/rising?

As of 07-Nov, RRP Defense Ltd is experiencing a price increase, with its current price at Rs. 984.40, reflecting a rise of 19.3 or 2.0%. The stock has shown remarkable performance, gaining 51.46% over the past month and achieving a new 52-week and all-time high today. It has been on a consecutive gain streak for the last 21 days, outperforming its sector by 2.46%. Additionally, the stock opened with a gain of 2% today and has consistently traded at this price level. The trading volume has also seen a significant increase, with delivery volume rising by 99.73% against the 5-day average, indicating strong investor interest and participation.
In the broader market context, RRP Defense's short-term performance stands in stark contrast to the benchmark Sensex, which has declined by 0.86% over the past week. This highlights the stock's strong momentum, particularly given its staggering year-to-date return of 4987.34% compared to the Sensex's 6.50%. The stock's ability to maintain trading above all key moving averages further supports its upward trajectory, suggesting robust market confidence despite the lack of specific positive or negative factors available in the dashboard.