Why is Tridev Infra. falling/rising?

As of 06-Oct, Tridev InfraEstates Ltd is experiencing a price increase, with its current price at 8.15, reflecting a rise of 0.34 or 4.35%. The stock has shown strong performance recently, gaining 8.67% over the past week and 12.72% over the past month, significantly outperforming the Sensex, which has only increased by 1.77% and 1.34% in the same periods, respectively. Additionally, the stock has been trading above its moving averages across various time frames, indicating a positive trend. However, there has been a decline in investor participation, with delivery volume dropping by 22.24% compared to the 5-day average, which may raise concerns about sustainability in the stock's upward movement.
Broader Market Context: In the short term, Tridev InfraEstates Ltd's performance has outpaced the benchmark index, the Sensex, which suggests a favorable sentiment towards the stock relative to the broader market. While the stock has shown impressive gains over the past few days, it is important to note that its year-to-date performance remains negative at -18.25%, contrasting with the Sensex's positive return of 4.67%. This discrepancy highlights that while the stock is currently rising, it has faced significant challenges throughout the year, and investors should consider both the recent gains and the longer-term performance when evaluating its potential.