Why is Atal Realtech falling/rising?

As of 31-Oct, Atal Realtech Ltd's stock price is currently at Rs. 25.62, reflecting an increase of Rs. 1.06 or 4.32%. The stock has recently hit a new 52-week high of Rs. 25.8 and has been on a positive trajectory, gaining 6.44% over the last three days. Despite opening the day with a significant loss of -10.42%, it managed to recover and outperform its sector by 3.98%. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 121.54% against the 5-day average, suggesting heightened interest in the stock.
In the broader market context, Atal Realtech's performance over the past week shows a return of +4.40%, contrasting with the Sensex, which has declined by -0.32%. Over the past month, the stock has outperformed the benchmark with a return of +12.86% compared to the Sensex's +3.65%. Year-to-date, Atal Realtech has achieved an impressive return of +96.93%, significantly surpassing the Sensex's +7.42%. This strong performance relative to the benchmark indicates that the stock is gaining traction among investors, contributing to its rising price amidst a generally stable market environment.