Why is Ajax Engineering falling/rising?

As of 25-Aug, Ajax Engineering Ltd is experiencing a price increase, currently at Rs 695.00, reflecting a rise of Rs 13.1 or 1.92%. The stock has shown a trend reversal, gaining after six consecutive days of decline. It has outperformed its sector by 0.81% today and reached an intraday high of Rs 696.5, which is a 2.14% increase. Furthermore, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive momentum. Notably, there has been a significant increase in investor participation, with delivery volume rising by 723.74% compared to the 5-day average. However, there is no information available regarding positive or negative factors that could influence the stock's movement.
In the broader market context, Ajax Engineering's performance over the past week shows a decline of 0.71%, while the benchmark Sensex has increased by 0.45%. Over the past month, Ajax Engineering has outperformed the benchmark with a return of 3.19% compared to the Sensex's 0.21%. This suggests that while the stock has faced short-term challenges, its recent recovery and positive trading indicators may reflect a growing investor confidence, contrasting with its recent underperformance relative to the benchmark.