Why is India Nipp.Elec. falling/rising?

As of 22-Aug, India Nippon Electricals Ltd's stock price is rising, currently at Rs 799.60, reflecting an increase of Rs 17.35 or 2.22%. Today's performance indicates that the stock has outperformed its sector by 2.61%, reaching an intraday high of Rs 805, which is a 2.91% increase. Despite this positive movement, the stock has shown a slight decline of 0.72% over the past week and 1.04% over the past month. However, it has demonstrated strong long-term growth, with a year-to-date return of 12.88% and a remarkable 95.64% increase over the past three years. The company maintains a low debt-to-equity ratio and has experienced a healthy annual operating profit growth rate of 36.40%, contributing to its attractive valuation.
In the broader market context, the Sensex has increased by 0.88% over the past week, indicating that while India Nippon Electricals Ltd is rising, it is doing so against a backdrop of a generally positive market. The stock's recent performance contrasts with its year-over-year return of -2.22%, which is underwhelming compared to the Sensex's slight gain of 0.31% in the same period. Additionally, the stock's liquidity remains adequate, although there has been a notable decline in investor participation, as evidenced by a 56.72% drop in delivery volume compared to the five-day average. This suggests that while the stock is currently rising, there may be underlying concerns regarding sustained investor interest.