Why is Sanghvi Movers falling/rising?

As of 05-Sep, Sanghvi Movers Ltd is experiencing a price increase, currently at 335.05, reflecting a rise of 4.9 or 1.48%. The stock has shown strong performance recently, with a consecutive gain over the last two days and an increase of 2.48% during this period. It has outperformed its sector by 1.89% today and reached an intraday high of Rs 337.1. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has risen by 3.01%, and over the last month, it has surged by 23.61%. The company also demonstrates a strong ability to service debt, supported by a low Debt to EBITDA ratio of 0.84 times, and has shown healthy long-term growth with an annual operating profit increase of 85.19%.
In the broader market context, Sanghvi Movers has outperformed the Sensex, which has only increased by 1.13% over the past week, while the stock itself has gained 3.01%. This trend of outperformance is consistent, as the stock has also shown a year-to-date return of 9.24%, compared to the Sensex's 3.29%. The rising investor participation, indicated by a 24.7% increase in delivery volume, further supports the stock's upward movement, suggesting strong market interest and liquidity. Overall, the combination of positive financial metrics and favorable market conditions contributes to the stock's rising price.