Why is Senthil Infotek falling/rising?

As of 25-Jul, Senthil Infotek Ltd's stock price is rising, currently at Rs. 44.98, reflecting an increase of Rs. 0.88 or 2.0%. The stock has reached a new 52-week high today and has been on a consecutive gain streak for the last 21 days, resulting in a remarkable 51.09% return during this period. Additionally, the stock has outperformed its sector by 3.47% today. Over the past week, Senthil Infotek has shown a return of +10.35%, and over the last month, it has surged by +54.09%, significantly outpacing the Sensex, which has declined by 0.36% and 1.56% respectively during the same periods. The stock is also trading above all key moving averages, indicating strong upward momentum. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 391.98% compared to the 5-day average, suggesting heightened interest and confidence in the stock.
In the broader market context, while the Sensex has shown modest gains of +4.25% year-to-date and +1.78% over the past year, Senthil Infotek's performance stands in stark contrast with a staggering +88.99% return over the past year and +494.19% over the last three years. This significant outperformance highlights the stock's strong position relative to the benchmark. The liquidity of the stock is also favorable, as it is liquid enough for trading, which may contribute to its rising price. Overall, the combination of strong recent performance, increased investor interest, and favorable trading conditions has led to the stock's upward movement.