Why is Enviro Infra falling/rising?

As of 14-Jul, Enviro Infra Engineers Ltd is experiencing a price increase, currently at 280.00, reflecting a rise of 4.9 or 1.78%. The stock has shown strong performance recently, gaining 21.9% over the last four days and outperforming its sector by 1.44% today. It reached an intraday high of Rs 288.5, and it is trading above all key moving averages. Additionally, the company has demonstrated high management efficiency with a return on equity of 27.92%, low debt to equity ratio, and impressive growth in net sales and operating profit. However, there are concerns regarding its high valuation and a decrease in institutional investor participation, which could impact future performance.
In the broader market context, Enviro Infra's short-term return of 20.17% over the past week significantly outpaces the Sensex, which has declined by 1.42% during the same period. This stark contrast highlights the stock's strong momentum relative to the overall market. While the stock has faced challenges over the year, including a year-to-date decline of 10.18%, its recent positive results and growth metrics have contributed to its upward trajectory, distinguishing it from the broader market trends.