Why is Ajax Engineering falling/rising?

As of 09-Jul, Ajax Engineering Ltd's stock price is rising, currently at Rs 699.25, with an increase of Rs 14.75, or 2.15%. The stock has shown strong performance recently, gaining 11.36% over the past week and outperforming its sector by 1.35% today. It has been on a consecutive gain streak for the last five days, and it reached an intraday high of Rs 702.5. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The rising investor participation is also notable, with a delivery volume increase of 255.75% compared to the 5-day average, suggesting heightened interest in the stock.
In the broader market context, Ajax Engineering's short-term performance significantly outpaces the benchmark Sensex, which has only increased by 0.15% over the same week. This stark contrast highlights the stock's strong momentum relative to the overall market. While the positive and negative factors dashboard is unavailable, the current indicators suggest that the stock's upward movement is supported by robust trading activity and positive sentiment among investors, contributing to its recent gains.