Why is Popular Estate falling/rising?

As of 14-Nov, Popular Estate Management Ltd is experiencing a price increase, currently at Rs 23.07, reflecting a rise of 1.09 or 4.96%. The stock has shown strong performance, gaining 16.52% over the last four days and outperforming its sector by 5.73% today. It opened with a gain of 4.96% and has consistently traded at this price throughout the day. Additionally, the stock is performing well against its moving averages, trading higher than the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The stock's year-to-date return stands at 18.19%, which is significantly higher than the Sensex's 8.22%, indicating robust performance. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, Popular Estate's short-term return of 14.32% over the past week significantly outpaces the Sensex's return of 1.62% during the same period. This suggests that the stock is not only gaining traction among investors but is also benefiting from a favorable market environment. The rising investor participation, evidenced by a 68% increase in delivery volume, further supports the notion that there is growing confidence in the stock. Overall, the combination of strong recent performance and positive investor sentiment contributes to the stock's upward trajectory.