Why is Interarch Build. falling/rising?

As of 08-Aug, Interarch Building Solutions Ltd is experiencing a price increase, with its current price at Rs 2,297.00, reflecting a rise of Rs 106.85 or 4.88%. The stock has shown strong performance today, outperforming its sector by 6.64% and opening with a gain of 2.73%. It reached an intraday high of Rs 2,299.65, which is 5% higher than its previous close. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a decline in investor participation, with delivery volume falling by 13% compared to the 5-day average, which could be a concern for future momentum. The positive returns over the past week (+4.69%) and year-to-date (+30.28%) further support the stock's upward movement, especially as it is only 4.92% away from its 52-week high.
In the broader market context, while Interarch Building Solutions Ltd has shown a significant increase in its short-term performance, the benchmark Sensex has declined by 0.92% over the past week and by 4.60% over the past month. This stark contrast highlights the stock's resilience and strength relative to the overall market, which has only increased by 2.20% year-to-date. The stock's ability to rise despite a broader market downturn suggests strong investor confidence and positive sentiment surrounding the company, although the drop in delivery volume may indicate some caution among investors.