Why is Nagreeka Cap. falling/rising?

As of 09-Oct, Nagreeka Capital & Infrastructure Ltd's stock price is rising, currently at Rs 35.31, reflecting an increase of 5.88 or 19.98%. The stock has shown strong performance today, outperforming its sector by 19.38% and opening with a significant gain of 18.93%. It reached an intraday high of Rs 35.31, and has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 20.31% against the 5-day average. The stock has also demonstrated impressive returns over various periods, including a 41.24% increase over the past month and a remarkable 182.03% rise over the last three years.
In the broader market context, Nagreeka Capital's short-term performance significantly outpaces the benchmark Sensex, which has only increased by 1.47% over the past week. This stark contrast highlights the stock's strong momentum relative to the market. While the year-to-date return shows a decline of 3.92% compared to the Sensex's gain of 5.16%, the recent upward trend and substantial gains over the past month and year indicate a positive shift in investor sentiment and market positioning for Nagreeka Capital.