Why is Rajesh Power falling/rising?

As of 01-Aug, Rajesh Power Services Ltd is experiencing a price increase, with its current price at Rs 1,520.80, reflecting a rise of Rs 18.8 or 1.25%. The stock has shown strong performance recently, gaining 9.97% over the last seven days and outperforming its sector by 2.78% today. It is currently trading close to its 52-week high, just 3.43% away from Rs 1,572.95. Additionally, the stock has consistently traded above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a decline in investor participation, with delivery volume falling by 21.42% against the 5-day average, which could suggest a potential concern for sustained momentum.
In the broader market context, Rajesh Power's short-term performance has significantly outpaced the benchmark Sensex, which has declined by 1.06% over the past week while Rajesh Power has risen by 8.63%. This stark contrast highlights the stock's strength relative to the market. Year-to-date, Rajesh Power has achieved a return of 35.68%, while the Sensex has only increased by 3.15%, further emphasizing its robust performance in a challenging market environment.