Why is SER Industries falling/rising?

As of 22-Sep, SER Industries Ltd is experiencing a price increase, currently at 276.35, reflecting a rise of 5.4 or 1.99%. The stock has reached a new 52-week and all-time high today, and it has been on a consecutive gain streak for the last 21 days, accumulating a remarkable 51.3% return during this period. Additionally, SER Industries has outperformed its sector by 2.81% today, and it is 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 17.92% against the 5-day average, suggesting heightened interest in the stock.
In the broader market context, SER Industries has significantly outperformed the Sensex benchmark over the past week and month, with returns of 10.39% and 48.34%, respectively, compared to the Sensex's 0.46% and 1.05%. This strong performance relative to the benchmark highlights the stock's robust position in the market. While the year-to-date and one-year performance data for SER Industries is not available, the positive trends in short-term returns and investor engagement indicate a favorable outlook for the stock amidst a generally stable market environment.