Why is Ace Engitech falling/rising?

As of 05-Jun, Ace Engitech Ltd's stock price is currently at 202.50, showing no change (0.00%). The stock has demonstrated a strong performance over the past month, with a return of +17.29%, significantly outperforming the Sensex, which has only increased by +0.80%. Additionally, the stock has seen a remarkable increase of +854.29% over the past year. Today's trading activity indicates erratic trading patterns, as the stock did not trade on 2 out of the last 20 days. However, there has been a notable rise in investor participation, with delivery volume on June 3 increasing by 1527.55% compared to the 5-day average, suggesting growing interest in the stock. The stock is currently trading above its 5-day, 20-day, 50-day, and 200-day moving averages, although it remains below the 100-day moving average.
In the broader market context, Ace Engitech's short-term performance over the past week has been +3.85%, contrasting with the Sensex's slight decline of -0.23%. This indicates that Ace Engitech is currently outperforming the broader market. Despite the stock's year-to-date decline of -25.67%, the recent upward trends in both short-term returns and investor participation suggest a potential recovery phase. The liquidity of the stock is adequate for trading, as it is based on 2% of the 5-day average traded value. Overall, the combination of strong recent returns, increased investor interest, and favorable trading conditions contributes to the stock's positive movement in the current market environment.