Why is Centrum Capital falling/rising?

As of 28-Jul, Centrum Capital Ltd's stock price is currently at 38.30, reflecting an increase of 0.28, or 0.74%. The stock has shown a strong performance over the past month, with a return of +18.58%, significantly outperforming the Sensex, which declined by -3.77% during the same period. Today's price summary indicates that the stock has outperformed its sector by 2.11%, and it is trading above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is below the 5-day moving average. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 48.73% against the 5-day average. Positive financial results, including a 64.06% growth in net sales over the last six months and the highest quarterly PBDIT at Rs 442.96 cr, contribute to the stock's upward momentum.
In the broader market context, Centrum Capital's short-term performance contrasts sharply with the benchmark, as it has gained +18.58% over the past month while the Sensex has fallen by -3.77%. This indicates that the stock is not only resilient but is also attracting investor interest amid a challenging market environment. The overall liquidity of the stock remains healthy, allowing for sufficient trading activity, which further supports its price increase. Despite a year-over-year decline of -10.45%, the strong recent performance and positive financial indicators suggest a favorable outlook for Centrum Capital in the near term.