Why is Denta Water falling/rising?

As of 13-Aug, Denta Water & Infra Solutions Ltd is experiencing a price increase, currently at 340.60, reflecting a rise of 16.3 or 5.03%. The stock has shown strong performance today, having outperformed its sector by 4.39% and achieving a consecutive gain over the last three days, with a total return of 10.35% during this period. It opened with a gain of 2.54% and reached an intraday high of Rs 351.25, indicating positive momentum. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bullish trend. Rising investor participation is also notable, with delivery volume increasing by 98.63% compared to the 5-day average, although there is no information available regarding positive or negative factors impacting the stock.
In the broader market context, Denta Water's short-term performance has been significantly better than the benchmark, with a 1-week return of +10.98% compared to the Sensex's flat performance at -0.01%. Over the past month, the stock has risen by 14.30%, while the Sensex has declined by 2.38%. This stark contrast highlights the stock's strong relative performance amidst a challenging market environment, reinforcing the positive sentiment surrounding Denta Water & Infra Solutions Ltd.