Why is Dugar Housing falling/rising?

As of 30-Jul, Dugar Housing Developments Ltd is experiencing a price increase, with its current price at Rs. 93.61, reflecting a rise of 1.83 (1.99%). The stock has been on a positive trajectory, gaining for the last 21 days and achieving a remarkable 51.35% return during this period. Additionally, it has reached a new 52-week and all-time high today. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. However, there is a noted decline in investor participation, with delivery volume falling by 16.67% against the 5-day average, which could suggest some caution among investors despite the positive price movement.
In the broader market context, Dugar Housing has significantly outperformed the benchmark Sensex, which has declined by 1.50% over the past week while Dugar Housing has surged by 10.38%. This trend of outperformance is consistent over the past month, with Dugar Housing gaining 54.37% compared to the Sensex's drop of 2.54%. The stock's exceptional year-to-date return of 560.16% further emphasizes its strong performance relative to the market, which has only increased by 4.28% during the same period. Overall, the combination of strong stock performance and relative outperformance against the benchmark suggests a robust investor sentiment towards Dugar Housing, despite the recent drop in trading volume.