Why is RIR Power Electr falling/rising?

As of 08-Aug, RIR Power Electronics Ltd is experiencing a price increase, currently at Rs 231.20, which reflects a rise of Rs 11.0 or 5.0%. The stock has shown strong performance today, outperforming its sector by 6.68% and has been on a consecutive gain streak for the last two days, accumulating a total return of 7.58% in this period. Additionally, the stock opened with a gain of 4% today and reached an intraday high of Rs 231.20. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The delivery volume has significantly increased by 103.34% compared to the 5-day average, indicating rising investor participation, while the stock's liquidity remains adequate for trading.
In the broader market context, RIR Power Electronics Ltd has outperformed the benchmark Sensex over various time frames, including a remarkable 69.35% gain over the past month compared to a decline of 4.60% for the Sensex. Year-to-date, the stock has risen by 60.79%, while the Sensex has only increased by 2.20%. This strong performance relative to the benchmark suggests that investor sentiment towards RIR Power Electronics is positive, contributing to its rising stock price amidst a generally weaker market environment.