Why is Duncan Engg. falling/rising?

As of 28-Oct, Duncan Engineering Ltd's stock price is currently at 527.00, reflecting an increase of 3.3 (0.63%). The stock has shown strong performance recently, gaining 9.17% over the last two days and outperforming its sector by 0.66%. In the past week, it has risen by 10.95%, and over the past month, it has increased by 26.67%. Despite opening with a loss of 6.99% today and touching an intraday low of Rs 487.1, the stock is trading above its moving averages across various time frames, indicating a positive trend. Additionally, there has been a significant rise in investor participation, with delivery volume increasing by 818.98% compared to the 5-day average, suggesting heightened interest in the stock.
Broader market context shows that while Duncan Engineering Ltd has experienced a decline of 22.50% over the past year, it has outperformed the benchmark Sensex in the short term, which has only increased by 0.24% over the past week. The stock's year-to-date performance of 4.37% is also lower than the Sensex's 8.30%, indicating that while the stock is currently rising, it has faced challenges in the longer term compared to the broader market. Overall, the recent upward movement can be attributed to strong short-term gains and increased trading activity, despite some volatility and a longer-term decline.