Why is Royal Arc Ele. falling/rising?

As of 30-Jul, Royal Arc Electrodes Ltd is currently priced at 165.00, reflecting a decrease of 2.0, or 1.2%. Despite this decline, the stock has shown strong performance over the past week and month, with returns of +6.04% and +13.75%, respectively, while the benchmark Sensex has experienced losses of -1.45% and -2.59% during the same periods. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend. There has also been a notable increase in investor participation, with delivery volume rising by 66.67% against the 5-day average, suggesting growing interest in the stock. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, Royal Arc Electrodes Ltd has outperformed the Sensex significantly in the short term, with a 1-week return of +6.04% compared to the benchmark's -1.45%. This indicates that while the stock is currently experiencing a slight decline, it has been resilient relative to the overall market performance. The liquidity of the stock is also sufficient for trading, as it is based on 2% of the 5-day average traded value. Overall, the stock's recent price movement appears to be influenced by its strong short-term performance and increased investor interest, despite the current decline.