Why is Enviro Infra falling/rising?

As of 12-Sep, Enviro Infra Engineers Ltd is experiencing a price increase, currently at Rs 253.80, reflecting a rise of Rs 7.3 or 2.96%. The stock has outperformed its sector today by 2.05%, reaching an intraday high of Rs 254.9, which is a 3.41% increase. Despite this positive movement, there is a notable decline in investor participation, with delivery volume falling by 48.67% compared to the 5-day average. Over the past week, the stock has gained 3.63%, and over the past month, it has increased by 4.70%. However, it is important to note that the stock has a year-to-date decline of 18.59%. The company has demonstrated high management efficiency with a return on equity of 27.92%, a low debt-to-equity ratio of 0.05, and strong growth in net sales and operating profit, which have increased significantly over the last six months.
In the broader market context, the stock's short-term performance has outpaced the Sensex, which has only risen by 1.48% over the past week and 2.08% over the past month. This indicates that while the stock is currently rising, it has still underperformed the benchmark index year-to-date. The positive financial results from the company over the last three quarters, including substantial growth in net sales and profit after tax, contribute to the stock's upward movement. However, the overall decline in investor participation may suggest caution among investors, impacting future price movements.