Why is A B Infrabuild falling/rising?

As of 04-Sep, A B Infrabuild Ltd's stock price is currently at Rs 217.00, reflecting an increase of Rs 7.1 or 3.38%. The stock has recently hit a new 52-week and all-time high of Rs 220.35, demonstrating strong upward momentum. Over the past week, the stock has gained 11.28%, and in the last month, it has risen by 15.73%. The company has shown robust performance with a low Debt to EBITDA ratio of 0.66 times, indicating a strong ability to service debt. Additionally, net sales have grown significantly, and the company has reported positive results for the last three consecutive quarters, contributing to investor confidence and the stock's upward movement.
In the broader market context, A B Infrabuild's performance has notably outpaced the benchmark Sensex, which has only increased by 0.80% over the past week. This outperformance is further highlighted by the stock's ability to outperform its sector by 4.19% today. However, it is worth noting that investor participation has declined, with delivery volume falling by 22.97% against the five-day average. Despite this drop in participation, the stock remains liquid enough for trading, suggesting that the recent price rise is driven more by positive company fundamentals rather than broad market trends.