Why is A B Infrabuild falling/rising?

As of 14-Jul, A B Infrabuild Ltd's stock price is rising, currently at Rs 173.90, reflecting an increase of Rs 3.9 or 2.29%. The stock has recently hit a new 52-week and all-time high of Rs 174, demonstrating strong performance today with a 2.81% outperformance against its sector. Over the past week, the stock has gained 1.43%, and in the last month, it has surged by 17.34%. The company has shown 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. The positive results declared in the last two quarters, including a significant 79.3% growth in net sales, have contributed to the stock's upward momentum.
In the broader market context, A B Infrabuild's short-term return of 1.43% over the past week contrasts sharply with the Sensex, which has declined by 1.42% during the same period. This divergence indicates that A B Infrabuild is performing well relative to the overall market, suggesting strong investor confidence in the company's prospects. The rising investor participation, evidenced by an increase in delivery volume, further supports the stock's upward trajectory, highlighting its liquidity and attractiveness to traders.