Why is SRM Contractors falling/rising?

As of 19-Sep, SRM Contractors Ltd is experiencing a price increase, with its current price at 560.15, reflecting a rise of 21.8 or 4.05%. The stock has reached a new 52-week and all-time high of Rs. 575 today, and it has outperformed its sector by 4.44%. Over the past week, the stock has shown a robust return of 14.47%, and year-to-date, it has increased by 40.58%. However, there has been a slight decline in investor participation, with delivery volume falling by 7.51% against the 5-day average, which may indicate some caution among investors despite the positive price movement.
Broader Market Context: In comparison to the benchmark Sensex, which has only increased by 0.88% over the past week, SRM Contractors' strong performance highlights its relative strength in the market. The stock's impressive returns over various periods, including a 108.82% increase over the past year, further emphasize its outperformance against the broader market trend, where the Sensex has seen a slight decline of 0.67% in the same timeframe. This suggests that while the stock is currently rising, it is doing so in a market environment that is not as favorable, reinforcing its strong position among investors.