Why is Radhe Develop. falling/rising?

As of 30-Jul, Radhe Developers (India) Ltd is experiencing a price increase, currently at 2.86, reflecting a change of 0.11 or 4.0% upward. The stock has shown strong performance recently, with a consecutive gain over the last three days resulting in a total return of 16.73%. Additionally, it has outperformed its sector by 4.79% today. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The company has reported healthy long-term growth, with net sales increasing at an annual rate of 42.33% and net profit growing by 71.68%, contributing to its positive results over the last two quarters.
In the broader market context, Radhe Developers has significantly outperformed the benchmark Sensex in the short term, with a 1-week return of +17.21% compared to the Sensex's -1.50%. This stark contrast highlights the stock's resilience and appeal to investors despite a generally declining market. The rising investor participation, evidenced by a 165.36% increase in delivery volume, further supports the stock's upward movement, suggesting growing confidence among shareholders. Overall, the combination of strong financial performance and positive market sentiment has contributed to the stock's rising price.