Why is Le Travenues falling/rising?

As of 07-Aug, Le Travenues Technology Ltd is experiencing a price increase, currently at Rs 241.60, which reflects a rise of Rs 15.15 or 6.69%. The stock has shown a strong performance today, outperforming its sector by 4.56% and has gained after two consecutive days of decline. It is also close to its 52-week high, being only 2.07% away from Rs 246.6. Over the past week, the stock has increased by 3.45%, and it has delivered impressive returns of 41.16% over the past month and 44.02% year-to-date, indicating robust investor interest and confidence in the company.
In the broader market context, while Le Travenues has been rising, the benchmark Sensex has seen a decline of 0.69% over the past week and a drop of 3.38% over the past month. This contrast highlights the stock's strong performance relative to the overall market. Additionally, the travel services sector has gained by 2.13%, contributing positively to Le Travenues' performance. The increase in delivery volume by 43.43% against the 5-day average suggests rising investor participation, further supporting the stock's upward movement.