Why is Enviro Infra falling/rising?

As of 15-Sep, Enviro Infra Engineers Ltd is experiencing a price increase, currently at Rs 257.10, reflecting a rise of Rs 3.3 or 1.3%. The stock has shown strong performance today, outperforming its sector by 1.26% and achieving a consecutive gain over the last two days, with a total increase of 4.3% during this period. It reached an intraday high of Rs 262.5, and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, investor participation has increased, with delivery volume rising by 58.84% compared to the 5-day average. The company has demonstrated high management efficiency, a low debt-to-equity ratio, and healthy long-term growth, with net sales and profit after tax both showing significant increases in recent quarters.
In the broader market context, Enviro Infra's 1-week return of +5.98% significantly outpaces the Sensex's +1.24% return, indicating strong relative performance. However, the stock's year-to-date performance shows a decline of 17.53%, contrasting with the Sensex's gain of 4.67%. This suggests that while the stock is currently rising, it has faced challenges earlier in the year. The positive results from the last three quarters and robust growth metrics may be contributing to renewed investor confidence, helping to drive the stock's recent upward movement.