Why is Indl.& Prud.Inv. falling/rising?

As of 05-Aug, Industrial & Prudential Investment Company Ltd is experiencing a price increase, currently at Rs 7,005.00, which reflects a rise of 93.5 points or 1.35%. The stock has shown strong performance today, outperforming its sector by 1.44% and achieving consecutive gains over the last two days, resulting in a total increase of 4.55% during this period. Additionally, the stock has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The stock has also seen a significant increase in delivery volume, with a rise of 114.71% against the 5-day average, suggesting heightened investor interest.
In the broader market context, the stock's short-term performance has been notably strong, with a 1-week return of +4.19%, contrasting sharply with the Sensex, which has declined by 0.77% during the same period. Over the past month, the stock has also outperformed the benchmark, gaining 4.24% while the Sensex fell by 3.26%. This trend of outperformance is consistent over longer periods as well, with the stock showing a year-to-date increase of 15.02% compared to the Sensex's 3.29%. Overall, the combination of strong stock-specific factors and favorable comparisons to the broader market contributes to the rising price of Industrial & Prudential Investment Company Ltd.