Why is Olectra Greentec falling/rising?

As of 01-Aug, Olectra Greentech Ltd's stock price is currently at 1,443.90, reflecting an increase of 32.95, or 2.34%. The stock has shown a trend reversal, gaining after five consecutive days of decline, and it outperformed its sector by 2.83% today. The stock reached an intraday high of Rs 1481, marking a 4.96% increase. Over the past week, however, the stock has decreased by 2.44%, while it has increased by 18.83% over the past month. Despite a low Debt to Equity ratio of 0.02 and strong long-term growth indicators, such as a 55.14% annual growth in Net Sales and an 81.89% increase in Operating profit, the stock's performance over the last year has been disappointing, with a return of -14.82%.
In the broader market context, Olectra Greentech has underperformed compared to the Sensex, which has seen a decline of only 1.06% over the past week. The stock's recent rise may be attributed to positive quarterly results and a strong growth trajectory, but it still trades at a premium compared to its peers, which raises concerns about its valuation. Additionally, the significant drop in delivery volume by 75.43% against the five-day average suggests a decrease in investor participation, which could impact future price movements. Overall, while the stock has shown some positive signs today, its longer-term performance remains a concern in the context of the broader market.