Why is Ecoboard Inds. falling/rising?

As of 04-Nov, Ecoboard Industries Ltd is experiencing a price increase, currently at 35.00, which reflects a rise of 0.51 or 1.48%. The stock has shown strong performance today, outperforming its sector by 1.7%, and has been on a consecutive gain for the last three days, accumulating a total return of 7% during this period. Additionally, Ecoboard is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The rising investor participation is also noteworthy, with a delivery volume increase of 44.97% compared to the 5-day average, suggesting heightened interest in the stock.
In the broader market context, Ecoboard's short-term return of +1.57% over the past week contrasts with the Sensex, which has declined by 1.38% during the same period. This indicates that Ecoboard is performing well relative to the overall market. Year-to-date, the stock has gained 7.63%, outpacing the Sensex's 6.81% increase, and over the past year, it has risen by 16.40% compared to the benchmark's 5.94%. This strong performance, coupled with the positive momentum in trading activity, suggests that investor sentiment towards Ecoboard Industries Ltd remains optimistic.