Why is A B Infrabuild falling/rising?

As of 07-Jul, A B Infrabuild Ltd's stock price is rising, currently at Rs. 171.45, reflecting an increase of 4.45 (2.66%). The stock has recently hit a new 52-week and all-time high of Rs. 171.5, and it has been on a positive trajectory, gaining for the last nine days with a total return of 12.21% during this period. Additionally, the stock has outperformed its sector by 3.03% today. The company has demonstrated strong financial health, with a low Debt to EBITDA ratio of 0.66 times and impressive growth metrics, including a 26.80% annual increase in net sales and a 31.59% rise in operating profit. The positive results declared in the last two quarters, including a 79.3% growth in net sales, have further bolstered investor confidence.
In the broader market context, A B Infrabuild's short-term performance has significantly outpaced the benchmark, with a 5.18% increase over the past week compared to a slight decline of 0.20% in the Sensex. Over the past month, the stock has risen by 21.73%, while the Sensex has only increased by 1.53%. This strong relative performance indicates that investor sentiment towards A B Infrabuild is notably positive, likely driven by its robust financial results and consistent growth, contrasting with the broader market's more subdued performance.