Why is V-Marc India falling/rising?

As of 08-Oct, V-Marc India Ltd is experiencing a price increase, with its current price at 476.10, reflecting a rise of 42.75 or 9.87%. The stock has shown strong performance today, outperforming its sector by 9.57%. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 40.63% compared to the 5-day average. The stock has demonstrated impressive returns over various periods, including a 1-week increase of 11.54% and a year-to-date rise of 24.19%, significantly outpacing the Sensex, which has only increased by 5.93% during the same timeframe.
In the broader market context, V-Marc India's short-term performance is considerably stronger than the benchmark, as evidenced by its 1-week return of 11.54% compared to the Sensex's 0.84%. This substantial outperformance suggests that investor sentiment towards V-Marc India is particularly positive, likely driven by the company's strong fundamentals and liquidity, as it is liquid enough for trading sizes of Rs 0.01 crore. Overall, the combination of rising investor interest, strong price movements, and favorable comparisons to the benchmark indicates a robust upward momentum for V-Marc India Ltd.