Why is SER Industries falling/rising?

As of 19-Nov, SER Industries Ltd is experiencing a price increase, currently at Rs. 508.40, reflecting a rise of Rs. 9.95 or 2.0%. 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 11 days, accumulating a total return of 24.26% during this period. Additionally, the stock has outperformed its sector by 2.42% today and opened with a gain of 2%. It is also 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 59.43% 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 10.38% and 29.02%, respectively, compared to the Sensex's 0.85% and 1.47%. This strong performance relative to the benchmark indicates that investor sentiment towards SER Industries is particularly positive at this time. However, there is no information available regarding any positive or negative factors that might further influence the stock's movement. Overall, the combination of strong price performance, increased trading volume, and favorable comparisons to the benchmark suggests a robust demand for SER Industries shares.