Why is ATV Projects falling/rising?

As of 17-Nov, ATV Projects India Ltd is experiencing a price increase, with its current price at Rs 35.00, reflecting a change of 2.62 (8.09%) upward. The stock has shown strong performance recently, gaining 16.51% over the last two days and outperforming its sector by 7.53% today. It opened with a gain of 2.01% and reached an intraday high of Rs 35. The stock has also demonstrated impressive returns over various periods, including a 16.36% increase over the past week and a 12.98% increase over the past month. Notably, the delivery volume has surged by 248.98% against the 5-day average, indicating rising investor participation, which supports the recent upward movement.
In the broader market context, ATV Projects has significantly outperformed the benchmark Sensex in the short term, with a 1-week return of 16.36% compared to the Sensex's 1.69%. However, it is important to note that the stock is down 8.62% year-to-date, while the Sensex has gained 8.72% during the same period. This contrast highlights the stock's recent recovery phase despite its longer-term underperformance. Overall, the combination of strong short-term gains, increased trading volume, and positive investor sentiment contributes to the stock's rising price.