Why is Bondada Engineer falling/rising?

As of 27-Oct, Bondada Engineering Ltd's stock price is rising, currently at Rs 488.75, reflecting an increase of Rs 24.15 or 5.2%. The stock has been on an upward trend, gaining for the last three days with a total return of 16.15% during this period. It opened with a gain of 3.31% today and reached an intraday high of Rs 494, indicating strong buying interest. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bullish trend. There has also been a significant increase in investor participation, with delivery volume rising by 137.31% compared to the 5-day average, contributing positively to the stock's recent performance. The "Positive and Negative Factors" section is unavailable, but the overall indicators suggest a favorable sentiment towards the stock.
In the broader market context, Bondada Engineering's short-term performance has significantly outpaced the benchmark Sensex, with a 1-week return of 15.43% compared to the Sensex's 0.49%. Over the past month, the stock has risen by 29.15%, while the Sensex has only increased by 5.41%. Despite a year-to-date decline of 19.43% against the Sensex's 8.50% gain, the recent momentum indicates a recovery phase for Bondada Engineering, driven by strong trading activity and positive market sentiment.