Why is Rasi Electrodes falling/rising?

As of 11-Aug, Rasi Electrodes Ltd is experiencing a price increase, with its current price at 20.05, reflecting a change of 0.09 or 0.45% upward. The stock has shown strong performance recently, gaining 10.59% over the last two days and outperforming its sector by 0.62% today. Additionally, the stock's performance over the past week has been impressive, with a return of +6.76%, while its year-to-date performance remains negative at -33.28%. The stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it is still below the 200-day moving average. There is a notable increase in investor participation, with delivery volume rising by 138.05% compared to the 5-day average, indicating heightened interest in the stock.
In the broader market context, Rasi Electrodes has outperformed the Sensex in the short term, as the benchmark index has declined by 0.51% over the past week. While the stock has faced challenges in the longer term, with a year-to-date decline of -33.28% compared to the Sensex's gain of +3.15%, its recent upward movement suggests a potential recovery phase. Overall, the combination of rising investor interest and positive short-term returns relative to the benchmark contributes to the stock's current upward trajectory.