Why is V-Marc India falling/rising?

As of 08-Jul, V-Marc India Ltd's stock price is currently at 409.95, reflecting an increase of 4.5, or 1.11%. The stock has shown strong performance recently, with a 1-week return of +13.97% and a 1-month return of +28.51%, significantly outperforming the Sensex, which has seen a decline of -0.08% over the same week and a modest gain of +2.08% over the month. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Notably, there has been a substantial increase in investor participation, with delivery volume rising by 910.93% compared to the 5-day average, suggesting heightened interest in the stock.
In the broader market context, V-Marc India's impressive short-term performance stands in stark contrast to the Sensex, which has not only lagged in the past week but also in the past month. The stock's year-to-date return of +6.94% is slightly below the Sensex's +7.94%, but its remarkable 1-year return of +107.62% and a staggering 3-year return of +1088.26% highlight its strong growth trajectory. The liquidity of the stock, based on 2% of the 5-day average traded value, indicates it is sufficiently liquid for trading, further supporting its upward price movement. Overall, the combination of strong performance metrics and increased investor interest contributes to the rising price of V-Marc India Ltd.