Why is Indifra Ltd falling/rising?

As of 03-Sep, Indifra Ltd's stock price is currently at 15.65, reflecting an increase of 0.7 or 4.68%. The stock has shown a notable performance today, outperforming its sector by 3.71%. Additionally, the delivery volume has significantly increased by 257.14% compared to the 5-day average, indicating rising investor participation. However, despite today's gains, the stock has experienced a decline of 3.40% over the past month and a substantial drop of 41.60% year-to-date, suggesting ongoing challenges despite the recent uptick.
In the broader market context, the Sensex has remained relatively flat with a change of only 0.01% over the past week, while Indifra Ltd has outperformed this benchmark significantly in the same period. This indicates that the stock's recent rise is not reflective of a broader market trend but rather specific factors affecting Indifra Ltd. The stock's performance is currently higher than its 5-day and 20-day moving averages, but it remains below its longer-term moving averages, suggesting potential volatility ahead. Overall, while today's performance is positive, the stock's long-term trajectory remains concerning given its substantial declines over the past year.