Why is Ganesha Ecoverse falling/rising?

As of 25-Jun, Ganesha Ecoverse Ltd's stock price is currently at Rs 34.50, reflecting an increase of Rs 1.35 or 4.07%. The stock has shown strong performance today, opening with a gain of 3.08% and reaching an intraday high of Rs 35.8, which is a 7.99% increase. Additionally, the stock has outperformed its sector by 2.84%. In terms of returns, over the past week, the stock has risen by 16.95%, significantly outperforming the Sensex, which only increased by 1.61%. However, it is important to note that the stock is down 18.80% year-to-date and has a substantial decline of 48.83% over the past year. The rising investor participation, indicated by a 39.58% increase in delivery volume, suggests growing interest, which may be contributing to the recent price rise.
Broader Market Context: In the short term, Ganesha Ecoverse's stock has significantly outperformed the benchmark Sensex, with a 1-week return of 16.95% compared to the Sensex's 1.61%. This strong performance in the short term contrasts with its long-term trajectory, where the stock has underperformed the benchmark over the year and year-to-date periods. The liquidity of the stock appears adequate for trading, as it is based on 2% of the 5-day average traded value. Overall, the combination of recent positive price movements, increased investor interest, and favorable short-term returns relative to the benchmark contributes to the stock's rising price.