Why is Maks Energy falling/rising?

As of 19-Sep, Maks Energy Solutions India Ltd is experiencing a price increase, currently at 33.50, reflecting a change of 0.5 or 1.52% upward. The stock has shown strong performance recently, with a 1-week return of 8.06% and a 1-month return of 24.07%, significantly outperforming the Sensex, which has only increased by 0.85% and 1.39% in the same periods, respectively. However, there is a notable decline in investor participation, as the delivery volume on September 18 fell by 64.29% compared to the 5-day average. Despite this drop in participation, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its price movement.
In the broader market context, while Maks Energy has outperformed the benchmark in the short term, it has a year-to-date decline of 22.00%, contrasting sharply with the Sensex's gain of 7.11%. This suggests that while the stock is currently rising, it has faced significant challenges over a longer period. The lack of available positive or negative factors in the dashboard limits the understanding of specific catalysts driving the recent price movement. Nonetheless, the current upward trend in price, despite falling delivery volumes, indicates a potential recovery phase for the stock amidst broader market conditions.