Why is Solex Energy falling/rising?

As of 19-Nov, Solex Energy Ltd's stock price is rising, currently at Rs. 1,826.70, reflecting an increase of Rs. 86.9 or 4.99%. The stock has reached a new 52-week high today and has outperformed its sector by 4.97%. Additionally, Solex Energy has shown strong performance over various periods, with a 1-week return of 17.76% and a year-to-date return of 30.07%. However, there is a notable decline in investor participation, with delivery volume falling by 43.25% compared to the 5-day average, which may indicate a potential concern for future trading activity.
In the broader market context, Solex Energy's recent performance significantly outpaces the Sensex, which has only increased by 0.68% over the past week. This stark contrast highlights the stock's strong momentum relative to the benchmark. Despite the decline in delivery volume, the stock's liquidity remains adequate for trading, suggesting that while investor participation may be waning, the stock's overall performance continues to attract attention and investment.