Why is Mega Corp. falling/rising?

As of 03-Jul, Mega Corporation Ltd is experiencing a price increase, currently at 2.88, with a change of 0.1, representing a 3.6% rise. The stock has shown strong performance recently, gaining 17.55% over the past week and outperforming its sector by 4.12% today. It has been on a consecutive gain streak for the last five days, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock's delivery volume has increased by 4.22% compared to the 5-day average, indicating rising investor participation. Positive financial results from March 25, including the highest recorded ROCE and PBDIT, further support the stock's upward movement, alongside its long-term market-beating performance.
In the broader market context, Mega Corporation's short-term return of 17.55% over the past week significantly contrasts with the Sensex, which has declined by 0.62% during the same period. While the stock has faced challenges in the longer term, with a year-to-date decline of 28.54%, its recent performance suggests a recovery trend that is not reflected in the broader market. The stock's ability to generate substantial returns over the past year and outperform the BSE500 in various time frames highlights its resilience and potential for continued growth, despite the overall market conditions.