Why is Eldeco Housing falling/rising?

As of 13-Nov, Eldeco Housing & Industries Ltd is experiencing a price increase, currently at Rs 940.85, reflecting a rise of Rs 36.85 or 4.08%. The stock has shown strong performance recently, with a consecutive gain over the last two days, resulting in a total return of 10.33% during this period. Additionally, the stock has outperformed its sector by 3.73%. Over the past week, it has increased by 7.56%, and over the past month, it has risen by 16.15%. However, there has been a notable decline in investor participation, with delivery volume falling by 28.47% compared to the 5-day average, which may indicate some caution among investors despite the positive price movement.
Broader market context shows that while Eldeco Housing has performed well, the benchmark Sensex has also seen gains, albeit at a slower pace, with a 1.40% increase over the past week and a 2.61% increase over the past month. This indicates that the stock's recent rise is not solely due to broader market trends but also reflects its strong individual performance. The stock is trading above all its moving averages, suggesting a bullish trend, which is further supported by its impressive long-term returns, such as a 286.66% increase over the past five years compared to the Sensex's 94.46%.