Why is Giriraj Civil falling/rising?

As of 23-Jul, Giriraj Civil Developers Ltd is experiencing a price increase, with its current price at 301.50, reflecting a change of 1.35 or 0.45% upward. The stock has shown strong performance in the short term, with a 14.70% increase over the past week and a 19.17% increase over the past month, significantly outperforming the Sensex, which has only risen by 0.03% and 0.99% in the same periods, respectively. Additionally, today's trading activity indicates rising investor participation, with delivery volume increasing by 95.65% against the 5-day average, suggesting heightened interest in the stock. The stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average, indicating a mixed technical outlook.
In the broader market context, while Giriraj Civil has shown impressive returns over the long term, with a staggering 1091.23% increase over three years and 6600.00% over five years, it has underperformed the benchmark year-to-date and over the past year, with declines of 4.26% and 16.30%, respectively. This disparity highlights that while the stock is currently rising, it has faced challenges in the longer term compared to the overall market, which has gained 6.66% year-to-date. The stock's liquidity is adequate for trading, as it represents 2% of the 5-day average traded value, further supporting its recent upward movement.