Why is Equilateral Ent. falling/rising?

As of 10-Sep, Equilateral Enterprises Ltd is experiencing a price increase, with its current price at 24.77, reflecting a change of 0.11 or 0.45% upward. The stock has shown strong performance recently, gaining 7.74% over the past week and 11.38% over the past month, significantly outperforming the Sensex, which has only increased by 1.06% and 1.96% in the same periods, respectively. However, it is important to note that the stock has seen a decline in investor participation, with delivery volume dropping by 85.47% against the 5-day average, which may indicate a potential concern for future momentum. Additionally, while the stock is currently above its 5-day, 20-day, and 200-day moving averages, it remains below its 50-day and 100-day moving averages, suggesting mixed signals in terms of trend strength.
In the broader market context, the stock's recent performance stands out against the benchmark, as it has significantly outperformed the Sensex in both the 1-week and 1-month periods. This strong relative performance may attract more attention from investors, despite the recent drop in delivery volume. The overall market sentiment appears to be positive for Equilateral Enterprises Ltd, as indicated by its consecutive gains over the last three days. However, the lack of available positive or negative factors in the dashboard limits a deeper understanding of the underlying reasons for the stock's movement.