Why is Solex Energy falling/rising?

As of 23-Jul, Solex Energy Ltd's stock price is currently at 1,495.60, reflecting a decline of 61.65 points, or 3.96%. Despite this drop, the stock has shown strong performance over the past month with a return of 12.79%, significantly outperforming the Sensex, which only gained 0.99% during the same period. Additionally, Solex Energy is trading above its moving averages across various time frames, indicating a generally positive trend. The stock has also seen a notable increase in investor participation, with delivery volume rising by 74.89% compared to the 5-day average, suggesting heightened interest among investors. However, there is no information available regarding specific positive or negative factors impacting the stock's recent movement.
In the broader market context, while Solex Energy's stock has experienced a short-term decline, it has outperformed the benchmark Sensex over the past week, which saw a slight increase of 0.03%. Year-to-date, both the stock and the Sensex have shown similar performance, with Solex at 6.49% and the Sensex at 6.66%. Over the longer term, Solex Energy has significantly outperformed the benchmark, particularly over the past three and five years, with returns of 1043.43% and 7975.59%, respectively. This historical performance may provide some resilience against the current short-term decline, indicating that the stock remains attractive to long-term investors despite recent fluctuations.