Why is Enviro Infra falling/rising?

As of 25-Jun, Enviro Infra Engineers Ltd has experienced a price increase, currently trading at Rs 247.30, which reflects a rise of Rs 10.5 or 4.43%. The stock has shown strong performance recently, outperforming its sector by 3.71% today and achieving a consecutive gain over the last two days with a total return of 16.65%. The stock has also reached an intraday high of Rs 251.85. Additionally, it is trading above its moving averages across various time frames, indicating positive momentum. The company has demonstrated high management efficiency with a return on equity of 27.92% and a low debt-to-equity ratio of 0.05, contributing to its healthy long-term growth, as evidenced by a significant increase in net sales and operating profit.
In the broader market context, the stock's one-week return of 14.49% significantly outpaces the Sensex's return of 1.61% during the same period, showcasing its strong performance relative to the benchmark. While the year-to-date performance shows a decline of 20.67% for the stock compared to a 5.91% increase in the Sensex, the recent positive results and rising investor participation suggest a potential turnaround. The substantial increase in delivery volume, which rose by 1121.8% against the five-day average, indicates growing investor interest, further supporting the stock's upward movement in the short term.