Why is Solex Energy falling/rising?

As of 31-Oct, Solex Energy Ltd's stock price is currently at 1,641.20, reflecting an increase of 78.15, or 5.0%. The stock has shown strong performance today, outperforming its sector by 5.92%. 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 significant rise in investor participation, with a delivery volume of 21.72k on 30 October, which is up by 72.25% compared to the 5-day average. Year-to-date, the stock has increased by 16.86%, significantly outperforming the benchmark Sensex, which has risen by 8.79%.
In the broader market context, Solex Energy's short-term performance over the past week shows a gain of 11.90%, while the Sensex has slightly declined by 0.28%. This indicates that Solex Energy is not only performing well relative to its historical returns but also in comparison to the broader market. The stock's impressive long-term performance, with a staggering 462.05% increase over the past three years and 6281.03% over the last five years, further underscores its strong position. However, there is no information available regarding any specific positive or negative factors that may have influenced the stock's recent movement.