Why is Chamunda Ele. falling/rising?

As of 17-Nov, Chamunda Electrical Ltd is experiencing a price increase, with its current price at 55.05, reflecting a change of 4.2 or 8.26% upward. The stock has outperformed its sector by 7.74% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. However, there has been a notable decline in investor participation, with delivery volume on 14 November falling by 42.03% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, Chamunda Electrical Ltd has shown a significant short-term return of 16.63% over the past week, which is substantially higher than the Sensex's return of 1.72% during the same period. This strong performance relative to the benchmark suggests that investor sentiment towards Chamunda Electrical Ltd remains positive, despite the drop in delivery volume. Overall, the stock's rise can be attributed to its strong performance metrics, even as broader market conditions remain stable.