Why is Pansari Develop. falling/rising?

As of 19-Nov, Pansari Developers Ltd is experiencing a price increase, with the current price at Rs. 340.65, reflecting a rise of Rs. 20.35 or 6.35%. The stock has recently hit a new 52-week and all-time high of Rs. 352.3, indicating strong upward momentum. It has outperformed its sector by 8.17% today and is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The stock has also seen a significant increase in investor participation, with delivery volume rising by 2850.7% compared to the 5-day average. Furthermore, the company has reported impressive financial results, including a 354.2% growth in net sales and a 258.2% increase in profit after tax over the last quarter, contributing to its strong performance over various time frames, including an 87.69% return over the past year.
In the broader market context, Pansari Developers Ltd has significantly outperformed the benchmark Sensex, which has only increased by 0.68% over the past week, while the stock itself has surged by 26.52% in the same period. This trend of outperformance is consistent across multiple time frames, with the stock showing a year-to-date return of 71.18% compared to the Sensex's 10.18%. The strong financial results and market-beating performance in both the short and long term have positioned Pansari Developers Ltd favorably, attracting investor interest and contributing to its rising stock price.