Why is A B Infrabuild falling/rising?

As of 01-Jul, A B Infrabuild Ltd's stock price is currently at Rs. 163.20, reflecting a slight increase of 0.2 (0.12%). The stock has recently hit a new 52-week and all-time high of Rs. 163.25 today, indicating strong upward momentum. Over the past week, the stock has gained 6.81%, significantly outperforming the Sensex, which only rose by 2.00%. The company has demonstrated robust financial health, with a low Debt to EBITDA ratio of 0.66 times and impressive growth in net sales and operating profit, which have increased at annual rates of 26.80% and 31.59%, respectively. However, it is worth noting that investor participation has declined, with delivery volume dropping by 96.38% against the 5-day average.
In the broader market context, A B Infrabuild's performance over the past month shows a remarkable return of 19.55%, compared to the Sensex's 2.76% increase, highlighting its strong relative performance. The stock's consistent gains over the last five days and its trading above all key moving averages suggest positive investor sentiment. Despite the drop in delivery volume, the overall liquidity remains adequate for trading, which may indicate that the stock is still attractive to investors. The company's positive quarterly results further bolster confidence, contributing to the stock's rising trend in a market that has been relatively stable.