Why is Ather Energy falling/rising?

As of 10-Jul, Ather Energy Ltd's stock price is currently at 329.45, reflecting an increase of 0.55, or 0.17%. The stock has been gaining for the last two days, with a total return of 0.2% during this period. It is currently 4.45% away from its 52-week high of Rs 344.1 and has outperformed its sector by 0.82%. However, the delivery volume has decreased by 2.84% compared to the 5-day average, indicating a decline in investor participation. The stock's performance over the past month shows a positive return of 3.18%, contrasting with a slight decline of 0.17% over the past week.
In the broader market context, Ather Energy's recent performance has outpaced the benchmark Sensex, which has only seen a 0.06% decline over the same week. While the stock has shown a solid return of 3.18% over the past month, the Sensex has only increased by 0.97% in that timeframe. This suggests that Ather Energy is performing relatively well compared to the overall market, despite the recent drop in delivery volume. The stock's liquidity remains adequate for trading, which may support its price stability moving forward.