Why is Nacdac Infra. falling/rising?

As of 24-Sep, Nacdac Infrastructure Ltd is experiencing a significant rise in its stock price, currently at Rs 50.12, reflecting an increase of Rs 8.35 or 19.99%. The stock has shown strong performance today, outperforming its sector by 22.41% and achieving a consecutive gain over the last four days, with a total return of 54.22% during this period. It opened with a notable gain of 11.08% and reached an intraday high of Rs 50.12. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend. The rising investor participation is also evident, with a delivery volume increase of 387.18% compared to the 5-day average, contributing positively to the stock's upward movement.
In the broader market context, Nacdac Infrastructure's short-term performance has been impressive, with a 1-week return of +51.51%, contrasting sharply with the Sensex, which has declined by 1.18% during the same period. While the construction and real estate sector has faced a downturn of -2.38%, Nacdac Infra. has managed to thrive, highlighting its resilience amidst sector challenges. However, it is important to note that the stock has a year-to-date decline of -36.56%, indicating that while recent gains are significant, the stock has faced considerable challenges over a longer timeframe.