Why is Garnet Construct falling/rising?

As of 17-Nov, Garnet Construction Ltd's stock price is rising, currently at Rs 73.79, reflecting an increase of Rs 4.85 or 7.04%. The stock has been on an upward trend, gaining for the last four days and achieving a remarkable 23.23% return during this period. It opened with a gain of 3.71% today and reached an intraday high of Rs 75.25, which is 2.99% away from its 52-week high. Additionally, the stock has significantly outperformed its sector by 6.75%. Year-to-date, Garnet Construction has shown an impressive return of 97.83%, far exceeding the Sensex's 8.72% increase, indicating strong investor confidence and positive market sentiment.
In the broader market context, Garnet Construction's short-term performance has been exceptional compared to the benchmark Sensex, which has only risen by 1.69% over the past week. The stock's high volatility today, with an intraday volatility of 5.01%, suggests active trading and investor interest, further supported by a notable increase in delivery volume, which rose by 96.57% against the five-day average. This rising investor participation, combined with the stock trading above all key moving averages, reinforces the positive momentum driving its price increase. The absence of any negative factors in the provided data indicates that there are no immediate concerns affecting the stock's performance.