Why is MIRC Electronics falling/rising?

As of 18-Jul, MIRC Electronics Ltd is currently priced at 18.35, reflecting a slight increase of 0.04 or 0.22%. The stock has shown a strong performance recently, gaining 28.05% over the past week and outperforming its sector by 0.94% today. It has been on a consecutive gain streak for the last five days, and it is trading above its moving averages across various time frames, indicating positive momentum. Additionally, there has been a significant rise in investor participation, with delivery volume increasing by 428.36% compared to the five-day average, suggesting heightened interest in the stock. There are no specific positive or negative factors provided, but the overall indicators point towards a favorable outlook for the stock's recent movement.
In the broader market context, MIRC Electronics has outperformed the Sensex, which has declined by 0.90% over the past week, while MIRC has surged by 28.05%. This stark contrast highlights the stock's strong short-term performance relative to the benchmark. Year-to-date, however, MIRC's performance is down by 23.54%, compared to the Sensex's gain of 4.63%, indicating that while the stock is currently experiencing a positive trend, it has faced challenges earlier in the year. Overall, the recent upward movement appears to be driven by strong short-term gains and increased investor activity, despite the stock's longer-term struggles.