Why is Garnet Construct falling/rising?

As of 15-Sep, Garnet Construction Ltd is experiencing a price increase, with its current price at Rs 48.75, reflecting a rise of 1.65 or 3.5%. The stock has shown strong performance recently, gaining 5.98% over the last two days and outperforming its sector by 1.35%. It is currently trading above all key moving averages, indicating a bullish trend. Over the past month, the stock has appreciated by 25.77%, significantly outpacing the Sensex's 1.47% gain. However, there has been a notable decline in investor participation, with delivery volume dropping by 65.15% compared to the 5-day average, which could indicate a potential concern for sustained momentum.
Broader market context shows that while Garnet Construction has had a strong month and year-to-date performance, its one-week return is slightly negative at -0.61%, contrasting with the Sensex's positive return of +1.24% in the same period. This suggests that while the stock is currently rising, it may be facing some short-term headwinds relative to the broader market. Nevertheless, the construction and real estate sector has gained by 2.21%, which may be contributing positively to Garnet's recent price movement. Overall, the stock's upward trajectory is supported by its recent performance and sector strength, despite the drop in investor participation.