Why is Markolines Pavem falling/rising?

As of 25-Jun, Markolines Pavement Technologies Ltd is experiencing a price increase, currently at Rs 167.90, reflecting a rise of Rs 3.0 or 1.82%. The stock has shown a positive trend, gaining for the last three days and achieving a return of 4.29% over the past week. Today's performance indicates that it has outperformed its sector by 1.38%. The stock reached an intraday high of Rs 172, although it also touched a low of Rs 161. Notably, the delivery volume has increased by 16.17% compared to the five-day average, suggesting rising investor participation. The stock is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.
In the broader market context, Markolines' short-term performance of +4.29% over the past week significantly outpaces the Sensex, which has only gained +1.61% during the same period. Over the past month, the stock has also outperformed the benchmark with a return of +10.46% compared to the Sensex's +1.27%. However, it is important to note that the stock has underperformed on a year-to-date basis, with a return of +4.16% compared to the Sensex's +5.91%. Overall, the recent positive momentum in Markolines' stock price can be attributed to strong short-term gains and increased investor interest, despite its longer-term underperformance relative to the benchmark.