Why is Siddhika Coatins falling/rising?

As of 28-Oct, Siddhika Coatings Ltd is experiencing a price increase, with its current price at Rs. 220.50, reflecting a rise of Rs. 10.5 or 5.0%. The stock has reached a new 52-week high today and is outperforming its sector by 4.91%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. Over the past week, the stock has gained 9.98%, and in the last month, it has risen by 13.11%. Year-to-date, Siddhika Coatings has delivered a return of 22.70%, and over the past year, it has surged by 75.00%. Unfortunately, there is no information available regarding any positive or negative factors that may have influenced this movement.
Broader market context shows that while Siddhika Coatings has significantly outperformed the benchmark Sensex, which has only increased by 0.26% over the past week and 5.20% over the past month, the stock's strong performance is indicative of its robust market position. The substantial returns over the longer term, including a 292.35% increase over the past three years compared to the Sensex's 45.82%, further highlight the stock's resilience and attractiveness to investors. This strong performance relative to the broader market suggests that investor confidence in Siddhika Coatings remains high, contributing to its rising stock price.