Why is Transteel Seatin falling/rising?

As of 18-Jul, Transteel Seating Technologies Ltd is experiencing a price increase, currently at Rs. 140.30, reflecting a rise of Rs. 1.95 or 1.41%. The stock has recently hit a new 52-week and all-time high of Rs. 142.1 today. It has outperformed its sector by 1.64% and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, investor participation has surged, with a delivery volume of 2.72 lacs on 17 July, marking a significant increase of 273.63% compared to the 5-day average. The stock has shown strong performance over various periods, with a year-to-date return of 56.94% and a one-year return of 92.32%, significantly outperforming the Sensex, which has only increased by 5.60% over the same timeframe.
In the broader market context, Transteel's short-term performance is notably strong, with a 1-week return of 7.30% compared to the Sensex's decline of 0.72%. This indicates that the stock is not only rising in absolute terms but is also gaining relative strength against the benchmark index. The liquidity of the stock is adequate, as it is based on 2% of the 5-day average traded value, allowing for a trade size of Rs. 0.05 crore. While there is no specific information available regarding positive or negative factors impacting the stock, the overall data suggests a favorable environment for Transteel, contributing to its rising stock price.