Why is SER Industries falling/rising?

As of 15-Sep, SER Industries Ltd is experiencing a price increase, currently at Rs 250.35, reflecting a rise of 4.9 or 2.0%. The stock has been on an upward trend, gaining for the last 18 days and achieving a remarkable 42.57% return during this period. Today, it opened with a gain of 2% and reached a new 52-week and all-time high of Rs 250.35. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. There has also been a notable increase in investor participation, with delivery volume rising by 81.16% compared to the 5-day average, suggesting heightened interest in the stock.
In the broader market context, SER Industries has significantly outperformed the benchmark Sensex over the past week and month, with returns of 10.36% and 45.38%, respectively, compared to the Sensex's 1.24% and 1.47%. This strong performance relative to the benchmark indicates a positive sentiment surrounding the stock, despite it underperforming its sector by 0.38% today. The overall liquidity of the stock remains healthy, which supports its trading activity. However, there is no information available regarding positive or negative factors that could further influence the stock's movement.