Why is Solex Energy falling/rising?

As of 29-Sep, Solex Energy Ltd is experiencing a price increase, currently at 1,676.40, with a change of 21.85, representing a rise of 1.32%. The stock has shown strong performance, outperforming its sector by 0.76% today. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, there has been a rise in investor participation, with delivery volume increasing by 3.34% against the 5-day average. The stock has also demonstrated impressive returns over various periods, including a 36.10% increase over the past month and a staggering 7561.79% over the past five years. There are no specific positive or negative factors available, but the overall data suggests a favorable sentiment towards the stock.
In the broader market context, Solex Energy's short-term performance has significantly outpaced the benchmark, with a 1-week return of +6.13% compared to the Sensex's -2.25%. This stark contrast highlights the stock's resilience and attractiveness to investors amidst a declining market. Year-to-date, Solex Energy has also outperformed the Sensex, with a return of +19.37% versus the benchmark's +4.19%. Such strong relative performance indicates that investor confidence in Solex Energy remains robust, contributing to its rising stock price.