Why is Manav Infra falling/rising?

As of 30-Sep, Manav Infra Projects Ltd is experiencing a price increase, with the current price at 19.80, reflecting a rise of 0.9 or 4.76%. The stock has shown strong performance recently, with a 14.45% increase over the past week and a notable 29.84% rise over the past month, significantly outperforming the Sensex, which has declined by 2.22% in the same week. Additionally, the stock is trading above all its moving averages, indicating a positive trend. However, there has been a decline in investor participation, with delivery volume falling by 16.67% against the 5-day average, which may suggest some caution among investors despite the positive price movement.
In the broader market context, Manav Infra's short-term performance stands in stark contrast to the benchmark, as it has outperformed the Sensex significantly over the past week and month. While the stock has shown resilience with a year-to-date return of 16.47% compared to the Sensex's 4.09%, it is important to note that its one-year performance is down by 15.02%, indicating volatility in the longer term. The liquidity of the stock remains adequate for trading, which may support its current upward movement despite the recent drop in delivery volumes.