Why is Arunis Abode falling/rising?

As of 23-Sep, Arunis Abode Ltd's stock price is rising, currently at Rs. 72.51, reflecting an increase of Rs. 1.42 or 2.0%. The stock has reached a new 52-week high today and has been on a positive trajectory, gaining for the last 21 days with a remarkable return of 51.25% over this period. It opened with a gain of 2% today and has consistently traded at this price level. Additionally, the stock is performing well above its moving averages across various time frames, indicating strong upward momentum. The rising investor participation, evidenced by a significant increase in delivery volume, further supports the stock's positive movement.
In the broader market context, Arunis Abode's short-term performance significantly outpaces the benchmark Sensex, which has seen a decline of 0.34% over the past week while the stock has surged by 10.38%. This stark contrast highlights the stock's strong relative performance. Over the year, Arunis Abode has achieved an extraordinary return of 2484.03%, while the Sensex has decreased by 3.33%, showcasing the company's exceptional growth compared to the overall market. The liquidity of the stock is also favorable, allowing for substantial trading activity, which contributes to its rising price.