Why is Nagreeka Cap. falling/rising?

As of 10-Oct, Nagreeka Capital & Infrastructure Ltd is experiencing a significant rise in its stock price, currently at Rs 39.95, reflecting an increase of Rs 4.64 or 13.14%. The stock has shown strong performance today, outperforming its sector by 13.18% and achieving a consecutive gain over the last two days with a total return of 35.75%. It opened with a notable gain of 12.04% and reached an intraday high of Rs 42.37, marking a 19.99% increase. Additionally, the stock has demonstrated impressive returns over various periods, including a 42.68% increase over the past week and a remarkable 223.48% over the last three years. The stock is trading above all key moving averages, indicating a strong upward trend. Furthermore, there has been a significant rise in investor participation, with delivery volume increasing by 974.18% compared to the five-day average, suggesting heightened interest and confidence among investors.
In the broader market context, Nagreeka Capital's recent performance stands in stark contrast to the benchmark Sensex, which has only increased by 1.59% over the past week. This substantial outperformance highlights the stock's strong momentum relative to the market. The stock's year-to-date return of 8.71% also exceeds the Sensex's 5.58%, further emphasizing its strength. Overall, the combination of robust price movements, increased trading volume, and favorable comparisons to the benchmark indicates a positive sentiment surrounding Nagreeka Capital & Infrastructure Ltd, contributing to its rising stock price.