Why is V-Marc India falling/rising?

As of 10-Oct, V-Marc India Ltd's stock price is rising, currently at 545.90, reflecting an increase of 32.0 or 6.23%. The stock has recently hit a new 52-week and all-time high of Rs.549.9. It has outperformed its sector by 5.77% today and is trading above all key moving averages, indicating strong momentum. Additionally, there has been a significant rise in investor participation, with delivery volume increasing by 306.8% compared to the 5-day average. The stock has shown impressive returns over various periods, including a 25.70% increase over the past week and a remarkable 1351.86% increase over the past three years.
In the broader market context, V-Marc India's short-term performance significantly outpaces the benchmark Sensex, which has only increased by 1.57% over the past week. The stock's year-to-date return of 42.40% also contrasts sharply with the Sensex's 6.94% gain, highlighting its strong relative performance. This robust growth suggests that investor sentiment remains positive towards V-Marc India Ltd, contributing to the upward price movement. There are no negative factors reported that could detract from this positive outlook.