Why is Kamanwala Housin falling/rising?

As of 10-Oct, Kamanwala Housing Construction Ltd is experiencing a price increase, currently at Rs 23.23, which reflects a rise of 1.83 or 8.55%. The stock has shown strong performance recently, gaining 12.77% over the last three days and outperforming its sector by 7.11% today. It opened with a gain of 2.8% and reached an intraday high of Rs 23.39. Additionally, the stock has demonstrated impressive returns over various periods, including a year-to-date increase of 29.92% and a three-year return of 133.00%. However, there has been a significant drop in investor participation, with delivery volume falling by 97.01% compared to the five-day average, indicating a potential concern regarding sustained interest.
Broader Market Context: In comparison to the benchmark Sensex, Kamanwala Housing Construction Ltd has significantly outperformed over the short term, with a one-week return of 7.45% versus the Sensex's 1.59%. This trend of outperformance continues across longer periods, highlighting the stock's strong relative strength. The overall market context appears supportive, as the stock's performance is well above the benchmark's returns, suggesting that investor sentiment remains positive despite the noted decline in trading volume.