Why is Chavda Infra Ltd falling/rising?

As of 21-Aug, Chavda Infra Ltd's stock price is currently at 130.75, reflecting an increase of 3.6, or 2.83%. The stock has shown strong performance recently, with a 10.66% rise over the past week, significantly outperforming the Sensex, which gained only 1.84% in the same period. Additionally, the stock has outperformed its sector by 2.27% today, and there has been a notable increase in investor participation, with delivery volume rising by 347.37% compared to the 5-day average. However, while the stock is currently above its 5-day, 20-day, and 50-day moving averages, it remains below its 100-day and 200-day moving averages. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
Broader market context indicates that while Chavda Infra Ltd has experienced a positive short-term return, it has struggled over the longer term, with a year-to-date decline of 21.66%, contrasting sharply with the Sensex's gain of 6.09% during the same period. This suggests that despite the recent uptick in price and trading activity, the stock has not performed well over the longer term, indicating potential underlying issues that may affect investor sentiment. Overall, the current rise in stock price appears to be driven by short-term trading dynamics rather than a fundamental recovery.