Why is Malpani Pipes falling/rising?

As of 08-Sep, Malpani Pipes & Fittings Ltd is experiencing a price increase, currently at Rs 80.45, reflecting a rise of 1.85 or 2.35%. The stock has shown a positive trend today, outperforming its sector by 3.04% and reversing a two-day decline. It opened with a gain of 2.81% and reached an intraday high of Rs 80.81. Additionally, the stock has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum. However, there has been a notable decline in investor participation, with delivery volume dropping by 57.03% compared to the 5-day average, which may raise concerns about the sustainability of this price movement. The positive and negative factors dashboard is unavailable for further insights.
Broader market context shows that Malpani Pipes has outperformed the benchmark Sensex over the past week, with a return of 3.14% compared to the Sensex's 0.53%. Over the past month, the stock has also outperformed, gaining 6.70% while the Sensex increased by only 1.16%. This strong short-term performance relative to the benchmark suggests that investor sentiment towards Malpani Pipes is currently favorable, contributing to its rising stock price.