Why is A B Infrabuild falling/rising?

As of 03-Jul, A B Infrabuild Ltd's stock price is currently at Rs. 166.15, reflecting an increase of Rs. 1.15 or 0.7%. The stock has recently hit a new 52-week and all-time high of Rs. 167.45 today. Over the past week, the stock has gained 3.26% and has shown a significant rise of 15.18% over the past month, while year-to-date, it has surged by 69.54%. Despite these positive movements, the stock underperformed its sector by 0.48% today, and there has been a notable decline in investor participation, with delivery volume dropping by 53.16% compared to the 5-day average. The company has demonstrated strong financial health, with a low Debt to EBITDA ratio of 0.66 times and impressive growth in net sales and operating profit, contributing to the stock's upward momentum.
In the broader market context, A B Infrabuild's recent performance contrasts sharply with the Sensex, which has declined by 0.62% over the past week. While the stock has been gaining consistently for the last seven days, the benchmark has not performed as well, highlighting the stock's relative strength. The company's robust financial results, including a 79.3% growth in net sales and positive operating profit growth, further support the stock's rise, indicating strong underlying fundamentals despite the recent dip in trading volume.