Why is IEL falling/rising?

As of 02-September, IEL Ltd's stock price is currently at 5.63, reflecting an increase of 0.07 or 1.26%. The stock has been on an upward trend, gaining for the last three days and achieving a total return of 10.83% during this period. Additionally, IEL has outperformed its sector by 1.42% today. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. Furthermore, there has been a significant rise in investor participation, with delivery volume increasing by 76.55% compared to the 5-day average. The positive returns over various periods, including a 20.04% increase over the past month and a 26.07% increase year-to-date, further support the stock's upward movement. In the broader market context, IEL's performance stands in stark contrast to the Sensex, which has seen a decline of 0.78% over the past week and 0.55% over the past month. While the Sensex has only gained 2.58% year-to-date, IEL has outperformed significantly with a 26.07% increase. This divergence highlights IEL's strong performance relative to the benchmark, suggesting that investor sentiment towards IEL is particularly positive despite broader market challenges.