Why is AGI Infra falling/rising?

As of 31-Jul, AGI Infra Ltd's stock price is currently at 1,086.05, reflecting an increase of 10.95, or 1.02%. Despite opening with a loss of 2.33% and touching an intraday low of Rs 1049.75, the stock has shown resilience by outperforming its sector by 1.54% today. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Over the past year, AGI Infra has delivered impressive returns of 155.84%, significantly outperforming the BSE500 index over various time frames, including 3 years and 1 year. The company's low Debt to EBITDA ratio of 0.68 times further supports its strong financial position, contributing to investor confidence and recent price movements.
In the broader market context, AGI Infra's short-term performance stands in stark contrast to the Sensex, which has declined by 1.22% over the past week. This divergence highlights the stock's ability to attract investor interest even when the overall market is struggling. The stock's year-to-date return of 22.58% also outpaces the Sensex's modest gain of 3.90%, reinforcing its status as a market leader. The increase in delivery volume by 37.31% against the 5-day average suggests rising investor participation, further bolstering the stock's upward trajectory amidst a challenging market environment.