Why is V-Marc India falling/rising?

As of 13-Oct, V-Marc India Ltd's stock price is rising, currently at Rs. 587.50, reflecting an increase of Rs. 41.6 or 7.62%. The stock has recently hit a new 52-week and all-time high of Rs. 593.65. It has outperformed its sector by 8.43% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 68.39% compared to the 5-day average. The stock has shown impressive returns, with a year-to-date increase of 53.25% and a staggering 1402.56% 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 risen by 0.60% over the past week. The stock's strong returns over various periods, including a 31.34% increase over the past month and a 44.74% increase over the past year, further highlight its robust performance compared to the Sensex's modest gains of 0.45% and 1.05%, respectively. This combination of strong stock-specific factors and favorable comparisons to the broader market contributes to the upward momentum in V-Marc India's stock price.