Why is Suditi Industrie falling/rising?

As of 08-Oct, Suditi Industries Ltd is experiencing a price increase, currently at Rs 65.00, which reflects a rise of Rs 4.06 or 6.66%. The stock has shown strong performance today, outperforming its sector by 7.08% and has been on a consecutive gain for the last two days, accumulating a total return of 7.03% during this period. Additionally, the stock opened with a gain of 3.36% today and reached an intraday high of Rs 65. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 24.19% against the 5-day average, suggesting heightened interest in the stock.
In the broader market context, Suditi Industries has significantly outperformed the benchmark Sensex, with a 1-week return of 11.11% compared to the Sensex's 0.98%. Over the year-to-date, the stock has achieved a remarkable return of 36.76%, while the Sensex has only increased by 4.65%. This substantial outperformance indicates strong investor confidence in Suditi Industries relative to the overall market. The absence of any negative factors in the provided data further supports the positive momentum of the stock, reinforcing the reasons behind its rising price.