Why is Centrum Capital falling/rising?

As of 17-Jul, Centrum Capital Ltd's stock price is rising, currently at Rs 41.00, reflecting an increase of Rs 1.79 or 4.57%. The stock has shown strong performance today, outperforming its sector by 4.9%, and reached an intraday high of Rs 41.17, marking a 5% increase. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, the stock has experienced a significant rise in investor participation, with delivery volume increasing by 277.7% compared to the 5-day average. Over the past week, the stock has gained 10.19%, and it has delivered a remarkable 31.41% return over the past month, outperforming the Sensex, which has only increased by 0.83%.
In the broader market context, Centrum Capital's performance stands out as it has consistently outperformed the benchmark indices over various time frames, including a 24.02% year-to-date return compared to the Sensex's 5.27%. The company's strong financial results, including record net sales and PBDIT in March 2025, have contributed to its positive momentum. This market-beating performance over the long term, along with the recent positive developments, supports the stock's upward movement, making it an attractive option for investors.