Why is Atal Realtech falling/rising?

As of 15-Oct, Atal Realtech Ltd's stock price is currently at Rs. 23.93, reflecting an increase of Rs. 0.94 or 4.09%. The stock has recently reached a new 52-week high of Rs. 23.99 and has been on an upward trend, gaining 6.36% over the last two days. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. Additionally, there has been a significant rise in investor participation, with delivery volume increasing by 73.8% compared to the 5-day average. The stock has shown impressive returns over various periods, including a 23.99% increase over the past month and an 83.94% increase year-to-date.
In the broader market context, Atal Realtech's performance has significantly outpaced the benchmark Sensex, which has only risen by 1.02% over the past week and 1.00% over the past month. The stock's year-to-date return of 83.94% also stands in stark contrast to the Sensex's 5.72% increase. This strong performance relative to the benchmark suggests that investor sentiment towards Atal Realtech is particularly positive, contributing to its rising stock price. Overall, the combination of strong recent gains, positive investor activity, and outperformance against the market likely explains the upward movement in Atal Realtech's stock price.