Why is Evans Electric falling/rising?

As of 26-Jun, Evans Electric Ltd's stock price is rising, currently at 226.40, reflecting an increase of 10.75 or 4.98%. The stock has been on a positive trajectory, gaining for the last five days and achieving a remarkable 22.58% return over that period. It has also outperformed its sector by 5.07% today. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 5.26% compared to the 5-day average. Unfortunately, the positive and negative factors dashboard is not available, so we cannot assess any specific positive or negative influences on the stock's recent movement.
Broader market context shows that Evans Electric's performance significantly outpaces the benchmark, the Sensex, which has only increased by 2.94% over the past week. Over the past month, the stock has surged by 72.63%, while the Sensex has only risen by 1.92%. Year-to-date, Evans Electric has achieved a 25.67% return compared to the Sensex's 7.19%. This stark contrast in performance highlights the stock's strong position in the market relative to broader trends, reinforcing the notion that investor confidence in Evans Electric is robust.