Why is Ather Energy falling/rising?

As of 09-Jul, Ather Energy Ltd's stock price is currently at Rs 328.90, reflecting a slight increase of 0.1 (0.03%). The stock has shown a mixed performance recently, with a 1-week decline of 2.24% while it has gained 5.06% over the past month. Today's price summary indicates that the stock is 4.62% away from its 52-week high of Rs 344.1. It has underperformed its sector by 0.32% today, but it is trading above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is below its 5-day moving average. Notably, there has been a significant increase in investor participation, with delivery volume rising by 145.43% compared to the 5-day average, indicating growing interest in the stock. There is no information available regarding positive or negative factors impacting the stock.
In the broader market context, Ather Energy's recent performance contrasts with the benchmark Sensex, which has increased by 0.15% over the past week and 1.32% over the past month. This suggests that while Ather Energy has experienced a short-term decline, it has outperformed the benchmark over the longer one-month period. The liquidity of the stock appears adequate for trading, as it is based on 2% of the 5-day average traded value, allowing for a trade size of Rs 0.4 crore. Overall, the stock's recent rise can be attributed to increased investor participation, despite its short-term underperformance relative to the sector and the benchmark.