Why is Hubtown falling/rising?

As of 06-Oct, Hubtown Ltd's stock price is rising, currently at Rs 323.75, reflecting an increase of Rs 16.8 or 5.47%. The stock has shown strong performance today, outperforming its sector by 5.02% and achieving a consecutive gain over the last three days with a total return of 16.94% during this period. Additionally, the stock's performance over the past week has been impressive, with a return of +15.38%, while year-to-date, it has risen by +20.44%. The stock is trading above its 5-day, 20-day, 100-day, and 200-day moving averages, indicating a positive trend, although it remains below the 50-day moving average. Rising investor participation is evident, with a notable increase in delivery volume, suggesting growing interest in the stock.
In the broader market context, Hubtown's recent performance significantly outpaces the benchmark Sensex, which has only increased by 1.77% over the past week. This contrast highlights the stock's strong momentum relative to the market. Furthermore, Hubtown's year-to-date performance of +20.44% also surpasses the Sensex's +4.67%, reinforcing its attractiveness to investors. The liquidity of the stock, being sufficient for trades of Rs 0.77 crore, further supports its rising price, as it indicates that investors can buy and sell shares without significant price impact. Overall, the combination of strong recent gains, positive investor sentiment, and favorable comparisons to the benchmark contribute to the stock's upward movement.