Why is Nacdac Infra. falling/rising?

As of 22-Sep, Nacdac Infrastructure Ltd is experiencing a significant rise in its stock price, currently at Rs 38.48, reflecting an increase of Rs 5.8 or 17.75%. The stock has shown strong performance today, outperforming its sector by 17.82% and achieving consecutive gains over the last two days, with a total return of 18.4% in this period. It opened with a gain of 2.29% and reached an intraday high of Rs 38.48. Additionally, the stock has demonstrated high volatility with an intraday volatility of 7.52%, and there has been a notable increase in investor participation, with delivery volume rising by 50% against the 5-day average. However, the stock's year-to-date performance remains negative at -51.29%, indicating a challenging longer-term trend.
In the broader market context, Nacdac Infrastructure Ltd's short-term return of +22.78% over the past week significantly outpaces the Sensex, which has only increased by 0.46% in the same timeframe. This stark contrast highlights the stock's recent strength relative to the benchmark. While the stock has shown positive momentum recently, it is essential to note that its year-to-date performance lags behind the Sensex's gain of 5.15%, suggesting that while the stock is currently rising, it has faced substantial challenges over the longer term.