Why is Kings Infra falling/rising?

As of 06-Aug, Kings Infra Ventures Ltd is experiencing a price increase, currently at Rs 149.75, reflecting a change of 1.0 (0.67%) upward. The stock has shown positive momentum, gaining 2.7% over the last two days and outperforming its sector by 1.08% today. It reached an intraday high of Rs 152.4, although it also saw a low of Rs 144.15. Despite this fluctuation, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there is a notable decline in investor participation, with delivery volume dropping by 62.32% compared to the 5-day average, which may indicate a potential concern for sustained upward movement. The positive and negative factors dashboard is unavailable, limiting further insights into specific influences on the stock's performance.
In the broader market context, Kings Infra's short-term return of +1.53% over the past week contrasts sharply with the Sensex, which has declined by 1.15% during the same period. This indicates that Kings Infra is performing well relative to the benchmark index, suggesting investor confidence in the stock despite its year-to-date decline of 12.20% compared to the Sensex's gain of 3.08%. The stock's strong performance over the past three years, with a return of +91.50%, further emphasizes its resilience in a challenging market environment.