Why is Anna Infrastruct falling/rising?

As of 14-Jul, Anna Infrastructures Ltd is experiencing a price increase, currently at Rs 38.41, reflecting a rise of 1.82 (4.97%). The stock has shown strong performance, gaining 16.22% over the last four days and outperforming its sector by 3.94% today. It has consistently traded above its moving averages for 5, 20, 50, 100, and 200 days, indicating a positive trend. Additionally, the company has reported positive financial results, with the highest quarterly figures in PBDIT, PBT, and PAT, contributing to its strong performance over the past year and consistent returns over the last three years.
In the broader market context, Anna Infrastructures has significantly outperformed the Sensex, with a 1-week return of +16.04% compared to the benchmark's -1.42%. This trend continues over longer periods, with the stock achieving a year-to-date return of +23.54% against the Sensex's +5.27%. Despite a recent decline in investor participation, the stock's liquidity remains adequate for trading, suggesting that the positive financial results and consistent performance are driving investor interest, leading to its rising stock price.