Why is Manav Infra falling/rising?

As of 10-Oct, Manav Infra Projects Ltd is experiencing a price increase, with its current price at Rs. 27.60, reflecting a rise of Rs. 1.3 or 4.94%. The stock has reached a new 52-week high today and is outperforming its sector by 4.49%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. Over the past week, the stock has surged by 26.90%, and over the past month, it has shown an impressive increase of 80.98%. However, there is a noted decline in investor participation, with delivery volume falling by 25% compared to the 5-day average, which may raise concerns about sustainability in the stock's upward movement.
In the broader market context, Manav Infra's short-term performance significantly outpaces the benchmark Sensex, which has only increased by 1.57% over the past week. This stark contrast highlights the stock's strong relative strength and investor interest despite the recent drop in delivery volume. Year-to-date, the stock has also outperformed the Sensex, with a return of 62.35% compared to the benchmark's 6.94%. Overall, while the stock is currently rising, the decrease in delivery volume could suggest caution among investors regarding future price movements.