Why is Manav Infra falling/rising?

As of 06-Oct, Manav Infra Projects Ltd is experiencing a price increase, currently at 22.80, reflecting a rise of 1.05 or 4.83%. The stock has shown strong performance, outperforming its sector by 5.12% today. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The stock has also seen a significant increase in investor participation, with delivery volume rising by 42.86% against the 5-day average. Over the past week, the stock has surged by 20.63%, and over the past month, it has increased by 56.70%, showcasing robust momentum despite a slight decline of 2.15% over the past year.
In the broader market context, the Sensex has only increased by 1.80% over the past week and 1.36% over the past month, highlighting that Manav Infra's short-term performance is significantly stronger than the benchmark. Year-to-date, while the stock has risen by 34.12%, the Sensex has only gained 6.06%, further emphasizing the stock's outperformance. This strong relative performance suggests that investor sentiment towards Manav Infra is particularly positive compared to the overall market, contributing to its rising stock price.