Why is Trident Texofab falling/rising?

As of 25-Aug, Trident Texofab Ltd's stock price is rising, currently at Rs 239.90, reflecting an increase of Rs 9.15 or 3.97%. The stock has reached a new 52-week and all-time high today, outperforming its sector by 3.96%. It has shown a strong performance over the past week, gaining 12.29% and has been on a consecutive gain streak for the last seven days. The stock is trading above its moving averages across various time frames, indicating a positive trend. Additionally, the company has reported positive results for the last three consecutive quarters, with net sales growing by 24.20%, contributing to the stock's upward momentum.
In the broader market context, Trident Texofab's one-week return of 10.30% significantly outpaces the Sensex's return of 0.45%, showcasing its strong performance relative to the benchmark. The stock has also demonstrated impressive long-term growth, with a year-to-date return of 42.63% compared to the Sensex's 4.48%. This consistent outperformance, combined with rising investor participation and liquidity, reinforces the positive sentiment surrounding the stock, contributing to its rising price.