Why is A B Infrabuild falling/rising?

As of 16-Jul, A B Infrabuild Ltd's stock price is rising, currently at Rs. 174.70, reflecting an increase of Rs. 2.7 or 1.57%. The stock has recently hit a new 52-week and all-time high of Rs. 174.75 today. It has outperformed its sector by 1.21% and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has gained 1.01%, and in the last month, it has surged by 18.08%. 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, which have increased at annual rates of 26.80% and 31.59%, respectively. Furthermore, the company has reported positive results for the last two consecutive quarters, contributing to the stock's upward momentum.
In the broader market context, A B Infrabuild's performance contrasts sharply with the benchmark Sensex, which has declined by 1.08% over the past week. While the stock has shown robust growth year-to-date at 78.27%, the Sensex has only increased by 5.75% during the same period. However, it is worth noting that there has been a decline in investor participation, with delivery volume falling by 26.05% against the 5-day average, which could indicate a potential concern for future trading activity. Despite this, the overall strong financial results and positive market performance have contributed to the stock's rise.