Why is Solex Energy falling/rising?

As of 14-Nov, Solex Energy Ltd is experiencing a price increase, currently at 1,710.10, reflecting a rise of 81.4 points or 5.0%. The stock has shown strong performance today, outperforming its sector by 4.43%. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 75.74% compared to the 5-day average. Over the past month, the stock has gained 19.06%, significantly outperforming the Sensex, which has only increased by 3.04%.
In the broader market context, Solex Energy's short-term return of 1.22% over the past week is slightly below the Sensex's return of 1.64%. Despite this, the stock has shown remarkable long-term growth, with a staggering 689.52% increase over the past three years and an impressive 8571.91% rise over the last five years. This long-term performance suggests strong underlying fundamentals, although the recent drop in delivery volume may indicate some caution among investors. Overall, the combination of positive price movement and the significant historical returns contributes to the stock's current upward trajectory.