Why is RIR Power Electr falling/rising?

As of 18-Jul, RIR Power Electronics Ltd's stock price is currently at 1,357.65, reflecting an increase of 37.65, or 2.85%. The stock has shown a trend reversal, gaining after three consecutive days of decline. Today, it outperformed its sector by 3.56% and reached an intraday high of Rs 1,387.2, which is a 5.09% increase. Over the past week, the stock has decreased by 2.06%, but it has performed well over the last month with a gain of 5.56%. Additionally, the company has reported positive results for the last five consecutive quarters, including a significant growth in profit before tax, which has likely contributed to the recent upward movement in stock price.
In the broader market context, the stock's short-term performance has been weaker compared to the benchmark, as it has declined by 2.06% over the past week while the Sensex has only fallen by 0.90%. However, the stock has outperformed the benchmark over the longer term, generating a remarkable 46.85% return in the past year and an impressive 1250.22% over the last three years. Despite a recent drop in investor participation, indicated by a significant decrease in delivery volume, the stock remains liquid enough for trading. Overall, the combination of strong financial performance and a recent positive price movement suggests a favorable outlook, despite some short-term volatility.