Why is Ganesha Ecoverse falling/rising?

As of 23-Sep, Ganesha Ecoverse Ltd is experiencing a rise in its stock price, currently at Rs 39.40, reflecting an increase of 1.4 (3.68%). The stock has shown a positive performance today, outperforming its sector by 5.26% and has been on a consecutive gain for the last two days, accumulating a total return of 4.82% during this period. Additionally, the stock opened with a gain of 2.63% today and reached an intraday high of Rs 39.5, which is a 3.95% increase. However, it is important to note that the delivery volume has decreased significantly, falling by 51.33% against the 5-day average, indicating a decline in investor participation.
Broader Market Context: In the short term, Ganesha Ecoverse's 1-week return of +3.68% contrasts with the Sensex, which has decreased by 0.34%. While the stock has shown a strong performance recently, it has underperformed over the longer term, with a year-to-date decline of 7.27% compared to the Sensex's gain of 5.07%. Despite the recent upward movement, the overall trend over the past year shows a significant decline of 16.88% for Ganesha Ecoverse, while the Sensex has only fallen by 3.33%. This suggests that while the stock is currently rising, it faces challenges in maintaining momentum against broader market trends.