Why is Tankup Engi. falling/rising?

As of 08-Jul, Tankup Engineers Ltd is experiencing a price increase, currently at Rs. 337.05, which reflects a rise of Rs. 6.6 or 2.0%. The stock has shown strong performance recently, with a 5.64% increase over the past week and a notable 19.20% increase over the past month, significantly outperforming the Sensex, which has only risen by 2.08% in the same timeframe. Additionally, the stock has reached a new 52-week and all-time high of Rs. 327.2 today. It is also trading above all its moving averages, indicating a bullish trend. However, there has been a decline in investor participation, with delivery volume dropping by 52.38% compared to the 5-day average, which could be a concern for future momentum.
In the broader market context, Tankup Engineers Ltd's recent performance stands in stark contrast to the Sensex, which has shown a slight decline of 0.08% over the past week. This divergence suggests that the stock is gaining traction independently of broader market trends. The liquidity of the stock remains adequate for trading, as it is based on 2% of the 5-day average traded value. While there are no specific positive or negative factors detailed, the overall upward movement in price, combined with the strong short-term returns relative to the benchmark, indicates a favorable sentiment towards the stock at this time.