Why is Vilas Transcore falling/rising?

As of 09-Jun, Vilas Transcore Ltd's stock price is rising, currently at 606.95, reflecting an increase of 29.15 or 5.04%. The stock has recently achieved a new 52-week and all-time high of Rs. 627. It has outperformed its sector by 3.37% today and is trading above all key moving averages, indicating strong upward momentum. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 41.3% compared to the 5-day average. The stock has also shown impressive returns, with a 1-week gain of 27.89% and a 1-month gain of 77.55%, significantly outperforming the Sensex, which has only increased by 1.56% and 4.56%, respectively.
In the broader market context, Vilas Transcore's strong performance stands in stark contrast to the benchmark index, the Sensex, which has shown modest gains over the same periods. The stock's year-to-date return of 28.67% and a remarkable 1-year return of 151.90% further highlight its robust performance relative to the market. The liquidity of the stock, being sufficient for a trade size of Rs. 0.14 crore, also supports its rising price, as it indicates healthy trading activity. Overall, the combination of strong price movement, positive investor sentiment, and significant outperformance against the benchmark contributes to the stock's upward trajectory.