Why is Ajax Engineering falling/rising?

As of 17-Jul, Ajax Engineering Ltd's stock price is currently at 708.50, reflecting an increase of 5.85, or 0.83%. The stock has been gaining momentum, having risen 4.19% over the last three days, and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 464.51% compared to the 5-day average. However, it is noted that the stock has underperformed its sector by 0.73% today. There are no available details regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, Ajax Engineering's short-term performance over the past week shows a return of +2.11%, while the benchmark Sensex has declined by 1.12%. This indicates that Ajax Engineering is outperforming the broader market in the short term. Over the past month, the stock has achieved a return of +16.11%, significantly higher than the Sensex's +0.83%, further highlighting its strong performance relative to the market.