Why is Lak. Electrical falling/rising?

As of 03-Jul, Lakshmi Electrical Control Systems Ltd is experiencing a price increase, currently at Rs 1,162.25, which reflects a rise of Rs 67.25 or 6.14%. The stock has shown strong performance today, outperforming its sector by 6.37% and achieving a consecutive gain over the last three days with a total return of 13.39%. It reached an intraday high of Rs 1,266, indicating significant volatility with an intraday fluctuation of 8.07%. Despite this positive movement, the delivery volume has decreased by 32.47% compared to the five-day average, suggesting a decline in investor participation, which could impact future price stability.
Broader market context reveals that while Lakshmi Electrical has outperformed the Sensex in the short term with a weekly return of 13.67% compared to the benchmark's decline of 0.62%, its year-to-date performance remains negative at -5.81%, contrasting with the Sensex's gain of 6.53%. Over the past month, the stock has also outperformed the benchmark, gaining 19.03% against the Sensex's 3.10%. This suggests that while the stock is currently on an upward trajectory, its longer-term performance has been less favorable compared to the broader market, indicating potential volatility ahead as investor sentiment fluctuates.