Why is Prerna Infra. falling/rising?

As of 19-Nov, Prerna Infrabuild Ltd's stock price is currently at Rs 31.64, reflecting an increase of 1.5, or 4.98%. The stock has been on an upward trend, gaining for three consecutive days and achieving a total return of 13.57% during this period. It opened with a gain of 4.98% today and reached an intraday high of Rs 31.64. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. Notably, investor participation has surged, with delivery volume increasing by 342.6% compared to the 5-day average, suggesting heightened interest in the stock.
In the broader market context, Prerna Infrabuild Ltd has significantly outperformed the Sensex, with a weekly return of 16.75% compared to the benchmark's 0.85%. Over the past month, the stock has also shown a strong performance, gaining 13.20% while the Sensex rose by only 1.47%. However, it is important to note that year-to-date, the stock is down 5.52%, while the Sensex has increased by 9.02%. This indicates that while the stock is currently experiencing a positive trend, it has faced challenges earlier in the year compared to the overall market performance.