Why is Shri Keshav falling/rising?

As of 06-Oct, Shri Keshav Cements & Infra Ltd's stock price is rising, currently at 264.55, reflecting an increase of 13.95 or 5.57%. The stock has recently reached a new 52-week high of Rs 274 and has shown strong performance, gaining 22.73% over the last five days. Despite opening with a loss of 2.87% today, it has demonstrated high volatility with an intraday range of Rs 32.9. The company has reported positive results after three consecutive negative quarters, with significant increases in operating profit and net sales, contributing to a consistent return of 24.44% over the past year, outperforming the BSE500 in each of the last three annual periods.
In the broader market context, Shri Keshav's short-term return of 18.29% over the past week significantly outpaces the Sensex, which has only increased by 1.77% in the same period. This strong performance indicates that investor sentiment is favorable towards the company, particularly following its recent positive financial results and rising investor participation, as evidenced by a 46.3% increase in delivery volume. The stock's ability to maintain trading above its various moving averages further supports its upward momentum, contrasting with the relatively modest gains seen in the broader market.