Why is Atal Realtech falling/rising?

As of 09-Jul, Atal Realtech Ltd's stock price is currently at Rs 20.50, reflecting a slight increase of 0.02 (0.1%). The stock has shown strong performance recently, with a 5.07% increase over the past week and a remarkable 179.95% rise over the last year, significantly outperforming the benchmark Sensex, which has only increased by 3.96% in the same period. Today's price summary indicates that the stock is trading above all key moving averages, suggesting a positive trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 76.31% compared to the 5-day average. Despite this, the company has reported positive financial results over the last three quarters, with a 74.35% growth in PAT and higher net sales, which may contribute to investor confidence.
In the broader market context, Atal Realtech's short-term performance has outpaced the Sensex, which has only seen a 0.15% increase over the past week. The stock's strong returns, coupled with increasing participation from institutional investors, who have raised their stake by 0.57%, indicate a favorable outlook. This institutional interest suggests that more sophisticated investors are confident in the company's fundamentals, further supporting the stock's upward movement. Overall, while there are signs of declining retail participation, the company's solid financial performance and institutional backing appear to be driving the stock's rise.