Why is Alpine Housing falling/rising?

As of 20-Oct, Alpine Housing Development Corporation Ltd is experiencing a price increase, with its current price at Rs 139.70, reflecting a change of Rs 6.05 or 4.53% upward. The stock has shown strong performance today, outperforming its sector by 3.8% and opening with a gain of 4.71%. It reached an intraday high of Rs 139.95. Over the past week, the stock has increased by 7.21%, and year-to-date, it has risen by 27.00%. Additionally, it is trading above all key moving averages, indicating a positive trend. However, there has been a decline in investor participation, with delivery volume falling by 18.9% against the 5-day average, which could suggest some caution among investors.
In the broader market context, the stock's short-term return of 7.21% over the past week significantly outpaces the Sensex's return of 2.47% during the same period. This strong relative performance indicates that Alpine Housing is gaining traction compared to the overall market. The stock's year-to-date return of 27.00% also surpasses the Sensex's 7.97%, reinforcing its positive momentum. Despite the drop in delivery volume, the overall liquidity remains adequate for trading, suggesting that while some investors may be pulling back, the stock's upward trajectory is supported by its strong performance metrics and market position.