Why is Malpani Pipes falling/rising?

As of 13-Oct, Malpani Pipes & Fittings Ltd is experiencing a price increase, with the current price at Rs 77.90, reflecting a rise of Rs 6.92 or 9.75%. The stock opened with a gain of 2.56% today and reached an intraday high of Rs 77.90. It has outperformed its sector by 10.2%. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, there has been a significant decline in investor participation, with delivery volume dropping by 92.37% compared to the 5-day average, which may raise concerns about sustainability in this upward movement. The positive and negative factors dashboard is unavailable, leaving a gap in understanding the broader sentiment around the stock.
Broader Market Context: In terms of short-term performance, Malpani Pipes has shown a return of 5.27% over the past week, significantly outperforming the Sensex, which only increased by 0.66% during the same period. Over the last month, the stock has also outperformed the benchmark, with a return of 2.50% compared to the Sensex's 0.52%. This strong performance relative to the broader market suggests that the stock's rise is not only due to company-specific factors but also reflects a favorable sentiment among investors compared to the overall market conditions.