Why is Tejas Cargo falling/rising?

As of 30-Jun, Tejas Cargo India Ltd is experiencing a price increase, currently at Rs. 203.00, reflecting a change of Rs. 3.25 or 1.63% upward. The stock has shown strong performance, with a 22.29% increase over the past week and a 24.08% rise over the past month, significantly outperforming the Sensex, which has only increased by 2.18% and 3.10% in the same periods, respectively. Notably, the stock reached a new 52-week and all-time high of Rs. 208 today. Additionally, it is trading above all key moving averages, indicating a bullish trend. The rising investor participation is evident with a delivery volume increase of 120.59% compared to the 5-day average, suggesting heightened interest and confidence in the stock.
In the broader market context, Tejas Cargo's impressive short-term returns stand in stark contrast to the benchmark Sensex, which has shown modest gains. The stock's liquidity, based on 2% of the 5-day average traded value, indicates it is sufficiently liquid for trading, further supporting its upward movement. While there are no specific positive or negative factors detailed in the provided data, the overall trends and performance metrics suggest a strong bullish sentiment among investors, contributing to the stock's rising price.