Why is Arcee Industries falling/rising?

As of 23-Jun, Arcee Industries Ltd is experiencing a price increase, currently at 6.94, with a change of 0.24, representing a rise of 3.58%. The stock has shown strong performance today, outperforming its sector by 4.18%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there is a notable decline in investor participation, as the delivery volume on 20 June has decreased by 96.46% compared to the 5-day average. In terms of returns, the stock has gained 16.25% over the past week and has a year-to-date increase of 16.25%, although it has seen a decline of 2.39% over the past month.
In the broader market context, the Sensex has shown a minimal increase of 0.12% over the past week, which highlights Arcee Industries' strong performance relative to the benchmark. While the stock has outperformed the Sensex in the short term, it has underperformed over the longer periods, such as the past month and three years. The year-to-date performance of Arcee Industries, at 16.25%, significantly exceeds the Sensex's 4.81%, suggesting that despite recent declines in investor participation, the stock is currently benefiting from a positive momentum that contrasts with the broader market trends.