Why is Envirotech Sys. falling/rising?

As of 05-Sep, Envirotech Systems Ltd is experiencing a price increase, currently at 152.95, reflecting a rise of 7.75 or 5.34%. The stock has shown strong performance today, outperforming its sector by 5.75%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The delivery volume has also increased significantly, with a rise of 33.8% against the 5-day average, suggesting heightened investor participation. The stock has delivered impressive returns over various periods, including a 5.48% increase over the past week and a 9.25% increase over the past month, while year-to-date returns stand at 24.81%.
In the broader market context, Envirotech's performance has significantly outpaced the Sensex, which has only increased by 1.29% over the past week and 0.36% over the past month. This strong relative performance indicates that investor sentiment towards Envirotech is particularly positive compared to the overall market. The liquidity of the stock is also favorable, as it is liquid enough for trades of Rs 0.01 crore, further supporting its upward price movement. Overall, the combination of strong stock-specific factors and a favorable comparison to the benchmark contributes to the rising price of Envirotech Systems Ltd.