Why is Envair Electrody falling/rising?

As of 20-Oct, Envair Electrody Ltd's stock price is currently at 103.50, reflecting an increase of 10.51, or 11.3%. The stock has been on an upward trend, gaining for the last seven days and achieving a total return of 47.33% during this period. It opened today with a significant gain of 7.54% and reached an intraday high of Rs 108.79, which is a 16.99% increase. Despite this positive momentum, there has been a notable decline in investor participation, with delivery volume falling by 45.04% against the five-day average. The stock is also trading above its moving averages across various time frames, indicating a strong upward trend. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's movement.
Broader market context shows that Envair Electrody has significantly outperformed the Sensex in the short term, with a one-week return of 38.00% compared to the Sensex's 2.47%. This stark contrast highlights the stock's strong performance relative to the broader market. However, it is important to note that while the stock has shown impressive gains recently, it has a year-to-date decline of 22.09%, indicating that it has faced challenges over a longer period. The overall liquidity of the stock remains adequate for trading, suggesting that despite the recent gains, the market dynamics could still influence future price movements.