Why is Ajax Engineering falling/rising?

As of 24-Jun, Ajax Engineering Ltd's stock price is rising, currently at 632.55, reflecting an increase of 35.95 or 6.03%. Today's performance indicates that the stock has outperformed its sector by 6.75% and opened with a gain of 2.41%. It reached an intraday high of Rs 636.95, which is a 6.76% increase. The stock's delivery volume has significantly increased by 691.51% compared to the 5-day average, indicating rising investor participation. While the stock is currently above its 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages. There is no information available regarding positive or negative factors that could influence the stock's recent movement.
Broader market context shows that over the past week, Ajax Engineering has returned +3.66%, significantly outperforming the Sensex, which has only returned +0.58%. However, over the past month, the stock has declined by 6.98%, while the Sensex has gained 0.41%. This indicates that while the stock is experiencing a short-term rise, it has struggled in the longer term compared to the benchmark. The current upward movement may reflect a recovery from recent declines, bolstered by increased trading activity and investor interest.