Why is Arrow Greentech falling/rising?

As of 12-Aug, Arrow Greentech Ltd is experiencing a price increase, currently at Rs 774.95, which reflects a rise of Rs 19.8 or 2.62%. The stock has shown strong performance recently, with a consecutive gain over the last two days, resulting in a total return of 3.3% during this period. Additionally, the stock has outperformed its sector by 5.05%. It has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a decline in investor participation, with delivery volume falling by 9.52% against the 5-day average, which may suggest some caution among investors. The positive and negative factors dashboard is not available for further insights.
In the broader market context, Arrow Greentech's short-term return of 5.75% over the past week significantly outperforms the Sensex, which has declined by 0.59% during the same period. Over the past month, the stock has risen by 18.13%, while the Sensex has fallen by 2.75%. This stark contrast highlights the stock's strong performance relative to the benchmark, despite a year-to-date decline of 1.84% compared to the Sensex's gain of 2.68%. Overall, Arrow Greentech's recent price increase can be attributed to its strong short-term performance and positive trading indicators, even as broader market conditions remain challenging.