Why is Mindteck (India) falling/rising?

As of 23-Sep, Mindteck (India) Ltd is experiencing a price increase, currently at Rs 242.10, reflecting a rise of Rs 6.8 or 2.89%. The stock has shown strong performance recently, gaining 14.2% over the last three days and outperforming its sector by 3.48% today. It opened with a gain of 3.7% and reached an intraday high of Rs 247, indicating positive momentum. Additionally, the stock has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a notable decline in investor participation, with delivery volume dropping by 60.31% compared to the 5-day average, which could be a concern for future price stability.
Broader market context shows that Mindteck's short-term performance has significantly outpaced the benchmark Sensex, with a 1-week return of +13.37% compared to the Sensex's -0.34%. Over the past month, the stock has risen by 19.26%, while the Sensex has only increased by 0.98%. Despite a year-to-date decline of 17.92% against the Sensex's gain of 5.07%, the stock's long-term performance remains strong, with a 3-year return of +129.70% compared to the benchmark's +41.31%. This suggests that while there are short-term fluctuations, the stock has demonstrated resilience and potential for recovery in the longer term.