Why is Ventive Hospital falling/rising?

As of 22-Sep, Ventive Hospitality Ltd's stock price is currently at 780.00, reflecting an increase of 10.7 points or 1.39%. The stock has shown strong performance recently, having outperformed its sector by 2% today and achieving a consecutive gain over the last two days with a total return of 3.46%. It opened with a gain of 2.56% and reached an intraday high of Rs 789. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The company has also seen a significant increase in investor participation, with delivery volume rising by 75.26% compared to the 5-day average. Positive financial results, including a substantial growth in net sales and operating profit, further support the stock's upward movement.
Broader market context shows that Ventive Hospitality Ltd has outperformed the Sensex benchmark over the past week and month, with returns of 2.81% and 4.70%, respectively, compared to the Sensex's 0.46% and 1.05%. This indicates that the stock is gaining traction in a relatively stable market environment. The company's strong fundamentals, including a remarkable annual growth rate in net sales and a healthy profit after tax, contribute to its positive momentum, suggesting that investor confidence is bolstered by the company's financial health and growth prospects.