Why is Indian Energy Ex falling/rising?

As of 26-Jun, Indian Energy Exchange Ltd is experiencing a price increase, currently at 190.15, reflecting a change of 1.1 or 0.58% upward. The stock has shown a strong performance over the last week with a return of 6.32%, although it has underperformed its sector by 0.89% today. The stock has been gaining for the last five days, and its delivery volume has increased by 6.84% against the five-day average, indicating rising investor participation. Additionally, the company has demonstrated high management efficiency with a return on equity of 38.92%, a low debt-to-equity ratio, and positive results over the last three consecutive quarters, which contribute to its recent upward movement.
In the broader market context, the stock's one-week return of 6.32% significantly outpaces the Sensex's return of 2.94% during the same period, suggesting strong relative performance. However, over the past month, the stock has declined by 2.14%, while the Sensex has increased by 1.92%, indicating some volatility. Despite this, the stock's long-term performance remains robust, with a year-to-date return of 4.68% compared to the Sensex's 7.19%. The high institutional holdings at 50.27% further support the stock's stability, as these investors typically have a better capability to analyze the company's fundamentals, which may positively influence future price movements.