Why is Nacdac Infra. falling/rising?

As of 24-Oct, Nacdac Infrastructure Ltd is experiencing a price increase, currently at Rs 38.43, reflecting a rise of 1.83 or 5.0%. The stock has shown a strong performance today, outperforming its sector by 4.87% and has gained consecutively over the last two days, accumulating a total return of 10.24%. It opened with a significant gain of 3.83% and reached an intraday high of Rs 38.43. In terms of returns, the stock has increased by 4.74% over the past week, although it has seen a substantial decline of 23.32% over the past month and a year-to-date drop of 51.35%. There is a notable rise in investor participation, with delivery volume increasing by 7.84% compared to the 5-day average, indicating growing interest in the stock.
In the broader market context, Nacdac Infrastructure Ltd's recent short-term performance of +4.74% over the past week significantly outpaces the Sensex, which has only increased by 0.31% during the same period. However, the stock's long-term performance remains concerning, with a year-to-date decline of 51.35% compared to the Sensex's gain of 7.77%. This contrast highlights the stock's volatility and potential recovery signals in the short term, despite its overall poor performance in the longer term. The lack of specific positive or negative factors in the dashboard limits a deeper analysis of the underlying reasons for the stock's recent movements.