Why is Malpani Pipes falling/rising?

As of 02-Sep, Malpani Pipes & Fittings Ltd is experiencing a price increase, currently at 78.94, which reflects a rise of 0.94 or 1.21%. The stock has shown a positive trend today, outperforming its sector by 0.5% and reversing a decline after two consecutive days of falling prices. Additionally, the stock's performance over the past week has been strong, with a gain of 1.21%, while it has increased by 8.64% over the past month. The delivery volume on September 1st saw a significant rise of 844.44% compared to the 5-day average, indicating increased investor participation. The stock is also trading above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is below the 5-day moving average.
In the broader market context, the stock's short-term performance has been favorable compared to the benchmark Sensex, which has declined by 0.78% over the same week. This indicates that Malpani Pipes is not only gaining in value but is also outperforming the overall market trend. The stock's liquidity is sufficient for trading, which supports its recent upward movement. Overall, the combination of increased investor interest and positive short-term returns relative to the benchmark contributes to the stock's rising price.