Why is AGI Infra falling/rising?

As of 10-Oct, AGI Infra Ltd's stock price is rising, currently at Rs 288.35, reflecting an increase of Rs 38.34 or 15.34%. The stock has recently reached a new 52-week high of Rs 299 and has outperformed its sector by 13.9%. Over the last two days, it has gained 19.32%, and its performance over the past month shows a significant increase of 22.45%. The company's strong financials, including a low Debt to EBITDA ratio of 0.61 times and a healthy annual growth rate in net sales of 31.81%, contribute positively to investor sentiment. However, it is noteworthy that the stock is currently trading below its moving averages, and there has been a decline in delivery volume, indicating some caution among investors.
In the broader market context, AGI Infra's short-term return of 3.81% over the past week significantly outpaces the Sensex, which has only increased by 1.59% in the same period. This strong relative performance highlights the stock's resilience and attractiveness to investors compared to the overall market. Additionally, the stock's year-to-date return of 62.73% and a remarkable 197.27% increase over the past year further emphasize its market-beating performance, reinforcing the positive outlook among investors despite some signs of volatility and reduced participation.