Why is Solex Energy falling/rising?

As of 22-Sep, Solex Energy Ltd is experiencing a price increase, currently at 1,579.60, reflecting a rise of 69.55 or 4.61%. The stock has shown strong performance today, outperforming its sector by 5.23%. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Over the past week, the stock has gained 14.93%, and over the past month, it has increased by 22.54%. However, there has been a decline in investor participation, with delivery volume falling by 11.1% compared to the 5-day average, which could indicate a potential concern for sustained momentum.
In the broader market context, Solex Energy's recent performance significantly outpaces the benchmark Sensex, which has only risen by 0.53% over the past week. Year-to-date, Solex has achieved a return of 12.48%, while the Sensex has gained 6.59%. This stark contrast highlights the stock's strong relative performance. Additionally, over the past three years, Solex has surged by 372.59%, compared to the Sensex's 42.95%, further emphasizing its robust growth trajectory in a challenging market environment.