Why is IEL falling/rising?

As of 12-Sep, IEL Ltd's stock price is currently at 6.45, reflecting an increase of 0.28 or 4.54%. The stock has been on an upward trend, gaining for the last three days with a total return of 9.32% during this period. It has outperformed its sector by 5.25% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 18.83% compared to the 5-day average. The stock has shown impressive returns over various periods, including a 37.23% increase over the past month and a staggering 1685.43% over the last five years, indicating strong long-term performance.
In the broader market context, IEL Ltd's recent performance significantly outpaces the benchmark Sensex, which has only increased by 1.48% over the past week and 2.08% over the past month. Year-to-date, IEL has achieved a return of 44.44%, while the Sensex has only risen by 4.82%. This stark contrast highlights IEL's strong position relative to the market, contributing to positive investor sentiment and driving the stock's price upward. The absence of any negative factors in the provided data further supports the stock's bullish trend.