Why is Duncan Engg. falling/rising?

As of 25-Jul, Duncan Engineering Ltd's stock price is currently at 551.70, reflecting an increase of 21.7, or 4.09%. The stock has shown strong performance today, outperforming its sector by 5.5% and achieving a consecutive gain over the last two days with a total return of 12.15%. It reached an intraday high of Rs 557.95, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has seen a significant rise in investor participation, with delivery volume increasing by 165.32% compared to the 5-day average. The company benefits from high management efficiency, indicated by a return on equity (ROE) of 18.12%, and maintains a low debt-to-equity ratio, which supports its positive price movement.
In the broader market context, Duncan Engineering's stock has outperformed the Sensex over the past week, gaining 6.96% while the benchmark has declined by 0.36%. Over the past month, the stock has risen by 31.36%, contrasting with the Sensex's drop of 1.56%. This strong performance in comparison to the benchmark suggests that investor sentiment towards Duncan Engineering is favorable, likely driven by its solid fundamentals and recent gains. Overall, the combination of positive stock-specific factors and a strong relative performance against the market indicates a robust upward trend for Duncan Engineering Ltd.