Why is IITL Projects falling/rising?

As of 24-Sep, IITL Projects Ltd is experiencing a price increase, with its current price at Rs 58.95, reflecting a rise of 4.04 (7.36%). The stock has shown strong performance today, outperforming its sector by 9.78% and opening with a significant gain of 9.27%. It reached an intraday high of Rs 60. Additionally, the stock has demonstrated a robust year-over-year return of 55.25%, despite a slight decline of 1.75% year-to-date. Notably, there has been a substantial increase in investor participation, with delivery volume rising by 235.12% compared to the 5-day average, indicating heightened interest in the stock. However, the stock's performance has been erratic, as it did not trade on 2 out of the last 20 days.
In the broader market context, while IITL Projects has risen significantly today, its 1-month performance shows a decline of 5.60%, contrasting with the Sensex, which has gained 0.50% over the same period. This indicates that the stock is currently underperforming relative to the benchmark in the short term. Furthermore, the construction and real estate sector has faced a downturn, falling by 2.38%, which may have influenced the stock's recent volatility. Despite this, the strong year-over-year performance and increased trading activity suggest that investor sentiment remains relatively positive towards IITL Projects Ltd, even amidst broader market challenges.