Why is Arcee Industries falling/rising?

As of 17-Oct, Arcee Industries Ltd's stock price is rising, currently at 6.74, with a change of 0.32, reflecting a 4.98% increase. The stock has shown strong performance recently, gaining 15.61% over the past month and outperforming its sector by 5.32% today. It has been on a consecutive gain streak for the last three days, and it is trading above all key moving averages, indicating a positive trend. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 97.15% compared to the 5-day average, suggesting heightened interest in the stock.
In the broader market context, Arcee Industries has outperformed the Sensex, which has only increased by 1.76% over the past week, while Arcee's stock has surged by 9.95% in the same period. Year-to-date, the stock has also shown a solid return of 12.90%, compared to the Sensex's 7.44%. This strong performance relative to the benchmark highlights the stock's resilience and attractiveness to investors, contributing to its recent upward movement.