Why is Desco Infra. falling/rising?

As of 28-Oct, Desco Infratech Ltd's stock price is currently at Rs. 286.00, reflecting an increase of Rs. 13.1, or 4.8%. The stock has been on an upward trend, gaining 17.19% over the last five days and outperforming its sector by 4.19% today. It opened with a gain of 4.07% and reached a new 52-week high of Rs. 293.65 during intraday trading. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. There has also been a significant increase in investor participation, with delivery volume rising by 318.18% against the 5-day average, suggesting heightened interest in the stock.
In the broader market context, Desco Infratech's 1-week return of +14.86% significantly outpaces the Sensex, which only gained +0.24% in the same period. This strong performance relative to the benchmark highlights the stock's robust appeal among investors, especially given the recent positive momentum and liquidity. However, there is no information available regarding any negative factors that could impact the stock's performance. Overall, the combination of strong price movement, increased trading volume, and favorable comparisons to the benchmark suggests a positive outlook for Desco Infratech Ltd.