Why is Sita Enterprises falling/rising?

As of 23-Jun, Sita Enterprises Ltd is experiencing a price increase, currently at Rs 154.00, reflecting a rise of 1.0 (0.65%). The stock has been gaining momentum, having increased for the last three days with a total return of 9.18% during this period. It opened with a significant gain of 8.82% today, reaching an intraday high of Rs 166.5. Additionally, Sita Enterprises is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The stock has also seen a remarkable increase in delivery volume, which rose by 4487.66% against the 5-day average, suggesting heightened investor interest and participation.
In the broader market context, Sita Enterprises has outperformed the benchmark Sensex significantly over various periods, with a 1-week return of +6.21% compared to the Sensex's +0.12%. This trend continues with a year-to-date return of +26.68% against the Sensex's +4.81%, and an impressive 1-year return of +243.67% compared to the Sensex's +6.07%. The stock's strong performance relative to the benchmark indicates robust investor confidence and market sentiment, contributing to its rising price.