Why is Vdeal System falling/rising?

As of 03-Sep, Vdeal System Ltd is experiencing a price increase, with its current price at Rs. 235.00, reflecting a rise of Rs. 10.05 or 4.47%. The stock has recently hit a new 52-week and all-time high of Rs. 236, indicating strong upward momentum. It has outperformed its sector by 3.77% today and is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 2.27% compared to the 5-day average. The stock has shown impressive returns over various periods, including a 15.76% increase over the past week and a 51.61% increase over the past month, significantly outperforming the Sensex, which has seen minimal movement.
In the broader market context, Vdeal System's strong performance stands in stark contrast to the Sensex, which has only increased by 0.01% over the past week and 0.61% over the past month. Year-to-date, Vdeal System has risen by 42.12%, while the Sensex has gained only 4.53%. This significant outperformance suggests that investor sentiment towards Vdeal System is particularly positive, likely driven by its robust trading activity and liquidity, which supports its rising stock price. Overall, the combination of strong stock-specific factors and favorable comparisons to the broader market indicates a bullish outlook for Vdeal System Ltd.