Why is Solex Energy falling/rising?

As of 27-Oct, Solex Energy Ltd's stock price is rising, currently at 1,540.00, reflecting an increase of 73.3 or 5.0%. The stock has shown strong performance today, outperforming its sector by 3.74%. Additionally, the stock's delivery volume has increased significantly, with a rise of 39.48% against the 5-day average, indicating heightened investor participation. In terms of returns, the stock has performed well over the past week, gaining 10.49%, while its year-to-date return stands at 9.66%, and it has achieved a remarkable 406.58% increase over the past three years. However, the stock has experienced a decline of 6.92% over the past month, which contrasts with the positive trends observed in the short term.
Broader Market Context: The Sensex, as a benchmark, has only increased by 0.48% over the past week, which highlights Solex Energy's strong performance relative to the broader market. While the stock has underperformed the benchmark over the past month, its significant gains over longer periods, such as the year and three years, suggest a robust underlying growth trend. The liquidity of the stock, being sufficient for trading, further supports its upward movement, indicating that investor confidence remains strong despite the recent monthly decline.