Why is Tejas Cargo falling/rising?

As of 05-Sep, Tejas Cargo India Ltd is experiencing a price increase, currently at Rs. 317.00, which reflects a rise of 2.0 (0.63%). The stock has shown strong performance recently, with a 5.67% increase over the past week and a notable 20.33% rise over the past month, significantly outperforming the Sensex, which has only increased by 1.29% and 0.36% in the same periods, respectively. Today's price summary indicates that Tejas Cargo has reached a new 52-week and all-time high of Rs. 317, and it is trading above all key moving averages, suggesting a strong upward trend. Additionally, there has been a substantial increase in investor participation, with delivery volume rising by 108.33% compared to the 5-day average, indicating heightened interest in the stock.
In the broader market context, Tejas Cargo's recent performance stands in stark contrast to the Sensex, which has shown modest gains. The stock's ability to outperform the sector by 0.31% today further emphasizes its strength. While there are no specific positive or negative factors detailed in the provided data, the overall indicators suggest a favorable sentiment towards Tejas Cargo, bolstered by rising liquidity and consistent trading above moving averages. This combination of strong stock-specific performance and relative outperformance against the benchmark contributes to the stock's upward movement.