Why is Expo Engineering falling/rising?

As of 07-Aug, Expo Engineering and Projects Ltd is experiencing a price increase, currently at Rs 73.77, which reflects a rise of Rs 3.47 or 4.94%. Today's price summary indicates that the stock initially opened with a loss of 2.01% but later touched an intraday high of Rs 73.81, demonstrating a positive movement throughout the day. The stock has outperformed its sector by 5.76%, and over the past week, it has shown a return of 5.39%, significantly higher than the Sensex's decline of 0.69%. Despite a wide trading range of Rs 6.81 and a decrease in delivery volume by 38.06% against the 5-day average, Expo Engineering is trading above its moving averages across various time frames, indicating a strong upward trend.
In the broader market context, Expo Engineering's short-term performance stands in stark contrast to the Sensex, which has seen a decline of 0.69% over the past week. The stock has also outperformed the benchmark over longer periods, with a remarkable 87.71% increase over the past year compared to the Sensex's 1.45%. This strong performance suggests that investor sentiment remains positive towards Expo Engineering, despite the recent drop in investor participation. Overall, the stock's upward movement can be attributed to its solid performance metrics and resilience against broader market trends.