Why is Olectra Greentec falling/rising?

As of 03-Sep, Olectra Greentech Ltd's stock price is currently at Rs 1,581.00, reflecting an increase of Rs 11.0 or 0.7%. The stock has shown a strong performance in the past month, with a return of 9.50%, and has outperformed the BSE500 over various time frames, including a notable 147.77% increase over the last three years. Despite today's positive movement, the stock's delivery volume has decreased significantly by 53.11% compared to the 5-day average, indicating a potential decline in investor participation. The company maintains a low debt-to-equity ratio of 0.02, which supports its healthy long-term growth, evidenced by a 58.32% annual growth rate in net sales and a 63.90% increase in operating profit.
In the broader market context, Olectra Greentech's short-term performance has outpaced the Sensex, which has only declined by 0.27% over the past week. This suggests that while the stock is experiencing upward momentum, the overall market sentiment may be less favorable. The stock's liquidity remains adequate for trading, allowing for a trade size of Rs 3.56 crore based on 2% of the 5-day average traded value. Overall, the combination of strong historical performance and positive financial metrics contributes to the stock's rising price, despite the recent drop in trading volume.