Why is SER Industries falling/rising?

As of 17-Sep, SER Industries Ltd is experiencing a price increase, currently at Rs. 260.45, reflecting a rise of Rs. 5.1 or 2.0%. The stock has reached a new 52-week and all-time high today, and it has been on a positive trajectory, gaining 48.32% over the last 20 days. Additionally, it outperformed its sector by 1.91% today and opened with a 2% gain. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 25.37% 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, with a return of 10.38% compared to the Sensex's 1.56%. Over the past month, the stock has surged by 51.25%, while the Sensex has only increased by 2.60%. This strong performance relative to the benchmark highlights the stock's robust demand and investor confidence, contributing to its rising price. There are no specific positive or negative factors available that could further clarify the reasons behind the stock's recent movement.