Why is IEL falling/rising?

As of 15-Sep, IEL Ltd's stock price is currently at 6.58, reflecting an increase of 0.13 or 2.02%. The stock has been on an upward trend, gaining for the last four consecutive days and achieving a total return of 11.53% during this period. Additionally, IEL has outperformed its sector by 1.87% 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 notable increase in investor participation, with delivery volume rising by 19.9% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.
Broader market context shows that IEL Ltd has significantly outperformed the benchmark Sensex over various time frames. In the past week, IEL's stock has risen by 8.76%, compared to the Sensex's increase of only 1.24%. Over the past month, IEL's return of 32.66% far exceeds the Sensex's 1.47%. Year-to-date, IEL has achieved a return of 47.35%, while the Sensex has only gained 4.67%. This strong performance relative to the benchmark indicates robust investor confidence in IEL Ltd, contributing to its rising stock price.