Why is SER Industries falling/rising?

As of 27-Jun, SER Industries Ltd is experiencing a price increase, currently at Rs. 119.05, which reflects a rise of 2.33 or 2.0%. The stock has been on an upward trend, gaining for the last four days and achieving a return of 8.23% over the past week. Today, it reached a new 52-week high of Rs. 119.05 and outperformed its sector by 3.04%. However, there has been a notable decline in investor participation, with delivery volume dropping by 99.85% against the 5-day average, indicating potential concerns about trading activity despite the stock's price increase. Unfortunately, the Positive and Negative Dashboard data is not available to provide further insights into the factors influencing this movement.
Broader market context shows that SER Industries has significantly outperformed the benchmark Sensex, which has only increased by 2.00% over the past week, while SER Industries has surged by 8.23%. In the last month, the stock has also shown strong performance with a 28.76% increase compared to the Sensex's 3.07%. This indicates that while the broader market is experiencing moderate gains, SER Industries is benefiting from stronger investor sentiment or company-specific developments that are driving its stock price higher.