Why is Vruddhi Engineer falling/rising?

As of 28-Oct, Vruddhi Engineering Works Ltd is experiencing a price increase, with the current price at Rs 238.00, reflecting a rise of 9.1 points or 3.98%. The stock has shown strong performance today, outperforming its sector by 2.92% and has been on a consecutive gain streak for the last two days, accumulating a total return of 9.17% over that period. Additionally, the stock opened with a gain of 3.8% today and reached an intraday high of Rs 238. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 66.67% compared to the 5-day average, suggesting heightened interest in the stock.
In the broader market context, Vruddhi Engineering Works Ltd has outperformed the benchmark Sensex over the past week, with a return of 9.17% compared to the Sensex's modest gain of 0.24%. While the stock has shown a year-to-date return of 0.98%, it has significantly outperformed the Sensex over the past year, with a return of 59.79% against the benchmark's 5.78%. This strong performance relative to the market indicates that investor sentiment is favorable towards Vruddhi Engineering, contributing to its rising stock price.