Why is Denta Water falling/rising?

As of 18-Jul, Denta Water & Infra Solutions Ltd is experiencing a significant rise in its stock price, currently at 344.35, reflecting an increase of 25.4 or 7.96%. The stock has recently hit a new 52-week and all-time high of Rs. 379.4 today, demonstrating strong performance with a 16% increase over the last four days. Additionally, the stock has outperformed its sector by 8.73% today and is trading above all key moving averages, indicating a robust upward trend. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 14.98% against the five-day average, suggesting heightened interest and confidence in the stock.
In the broader market context, Denta Water's short-term performance stands in stark contrast to the benchmark Sensex, which has declined by 0.90% over the past week while Denta Water has surged by 15.55%. This divergence highlights the stock's strong relative strength and investor enthusiasm, particularly in a market that is not performing as well. The stock's high volatility today, with an intraday fluctuation of 5.33%, further emphasizes the dynamic trading environment surrounding it, although no specific positive or negative factors were provided to elaborate on the reasons behind this volatility.