Why is Sancode Tech. falling/rising?

As of 16-Oct, Sancode Technologies Ltd is experiencing a price increase, currently at 161.05, reflecting a change of 3.15 or 1.99% upward. The stock has been gaining momentum, having outperformed its sector by 1.64% today and achieving a new 52-week and all-time high. Over the past week, the stock has risen by 8.16%, and in the last month, it has shown a remarkable increase of 28.99%. Additionally, the stock has been on a consecutive gain streak for the last three days, accumulating a total return of 6.06%. The trading activity indicates rising investor participation, with delivery volume increasing by 150% compared to the 5-day average, and the stock is trading above all key moving averages, suggesting strong bullish sentiment.
In the broader market context, Sancode Technologies Ltd has significantly outperformed the Sensex, which has only increased by 1.58% over the past week and 1.32% over the past month. Year-to-date, Sancode has achieved a staggering return of 132.56%, compared to the Sensex's 6.82%. This stark contrast highlights the stock's strong performance relative to the market, contributing to investor confidence and interest. While there is no specific information available regarding positive or negative factors, the overall trends and metrics indicate a robust upward trajectory for Sancode Technologies Ltd.