Why is Atharv Enter falling/rising?

As of 09-Jul, Atharv Enterprises Ltd is experiencing a price increase, currently at 3.99, with a change of 0.07, reflecting a rise of 1.79%. The stock has shown a positive performance today, outperforming its sector by 2.16%, and has been gaining for the last two days, accumulating a total return of 3.64% during this period. In terms of returns, the stock has performed well over the last month with a 3.37% increase, and an impressive 41.49% rise over the past year, indicating strong long-term growth. The stock is currently trading above its 50-day, 100-day, and 200-day moving averages, although it is below its 5-day and 20-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 16.13% compared to the 5-day average, suggesting growing interest in the stock. There are no specific positive or negative factors provided that could further clarify the stock's recent movement.
Broader market context shows that while Atharv Enterprises Ltd has outperformed the benchmark Sensex in the short term, with a 1-week return of -2.21% compared to the Sensex's +0.15%, it has still managed to achieve a positive return over the last month and year. The stock's year-to-date performance of +3.37% is lower than the Sensex's +6.91%, indicating that while the stock is rising, it is doing so at a slower pace compared to the broader market. Overall, the recent price increase can be attributed to strong investor interest and positive short-term performance, despite some underperformance relative to the benchmark in the longer term.