Why is Olectra Greentec falling/rising?

As of 07-Aug, Olectra Greentech Ltd is experiencing a price increase, with its current price at 1,449.30, reflecting a rise of 41.55 or 2.95%. The stock has shown a positive trend today, outperforming its sector by 3.34% and reversing a two-day decline. It reached an intraday high of Rs 1465.1, marking a 4.07% increase. Additionally, Olectra Greentech has performed well over the past month, with a return of +20.88%, while the stock has consistently traded above its moving averages across various time frames. However, there has been a notable decrease in investor participation, with delivery volume falling by 35.82% compared to the five-day average, which may indicate some caution among investors.
In the broader market context, Olectra Greentech's short-term performance stands in stark contrast to the benchmark Sensex, which has declined by 0.69% over the past week. This divergence highlights the stock's resilience and strength relative to the overall market. While the stock has underperformed over the past year with a return of -8.45%, its significant gains over three and five years, at +136.00% and +2166.30% respectively, suggest a long-term positive outlook despite recent fluctuations. The lack of specific positive or negative factors in the dashboard does not detract from the stock's current upward momentum, which appears driven by its recent performance and technical indicators.