Why is IEL falling/rising?

As of 08-Oct, IEL Ltd's stock price is currently at 8.90, reflecting a decrease of 0.02, or 0.22%. Despite this slight decline, the stock has shown strong performance over the past week, with a return of 11.11%, and an impressive 47.11% increase over the past month. The stock has outperformed its sector by 0.73% today, although it has experienced a trend reversal after three consecutive days of gains. Additionally, IEL is trading above its moving averages across multiple timeframes, indicating a generally positive trend. The rising investor participation, evidenced by a 47.37% increase in delivery volume compared to the five-day average, suggests strong interest in the stock, although specific positive or negative factors impacting the stock are not available.
In the broader market context, IEL's recent performance significantly outpaces the benchmark Sensex, which has only increased by 0.98% over the past week and 1.22% over the past month. This stark contrast highlights the stock's robust growth trajectory, particularly in comparison to the benchmark's more modest gains. The year-to-date return of 99.30% and the one-year return of 101.31% further emphasize IEL's strong position in the market, despite the current minor decline in price. Overall, while the stock is experiencing a slight dip today, its long-term performance remains exceptionally strong relative to the broader market.