Why is Rajesh Power falling/rising?

As of 22-Sep, Rajesh Power Services Ltd is experiencing a price increase, currently at Rs 1,528.90, which reflects a rise of Rs 44.1 or 2.97%. The stock has been on an upward trend, gaining 10.3% over the past week, and has shown consistent performance with five consecutive days of gains. Despite underperforming its sector by 1.08% today, the stock reached an intraday high of Rs 1,588, indicating strong trading activity. It is also trading above its moving averages across various time frames, suggesting a bullish trend. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 40.44% compared to the five-day average, which supports the stock's upward movement.
In the broader market context, Rajesh Power's recent performance contrasts with the benchmark Sensex, which has only gained 0.46% over the past week. While the stock has faced a slight decline of 3.23% over the past month, its year-to-date return of 36.41% significantly outpaces the Sensex's 5.15% gain, highlighting its strong performance relative to the market. The power generation and distribution sector has also seen a positive movement, gaining 4.05%, which may contribute to the favorable conditions for Rajesh Power's stock. Overall, the combination of strong short-term gains, increased investor interest, and sector performance supports the stock's rising price.