Why is India Lease Dev. falling/rising?

As of 29-Sep, India Lease Development Ltd's stock price is rising, currently at 11.70, with a change of 0.22, reflecting a 1.92% increase. The stock has shown strong performance, gaining 44.27% over the last 10 days and outperforming its sector by 1.25% today. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. In terms of returns, the stock has increased by 13.37% over the past week and 18.30% over the past month, while it has a year-to-date decline of 0.85%. Notably, there has been a significant rise in investor participation, with delivery volume increasing by 156.93% against the 5-day average, indicating heightened interest in the stock.
In the broader market context, while the Sensex has decreased by 2.18% over the past week, India Lease Development Ltd has significantly outperformed this benchmark, highlighting its relative strength in a declining market. The stock's year-to-date performance is slightly below the benchmark's gain of 2.85%, but its long-term returns over 3 years and 5 years show substantial outperformance compared to the Sensex. Overall, the combination of strong recent gains, increased investor interest, and favorable technical indicators contributes to the stock's upward movement despite the broader market's challenges.