Why is Spectrum Electr. falling/rising?

As of 13-Jun, Spectrum Electrical Industries Ltd is experiencing a price increase, currently at Rs 1,644.10, which reflects a rise of 70.1 points or 4.45%. The stock has shown positive momentum, gaining for the last three days and achieving a total return of 7.03% during this period. Today, it outperformed its sector by 4.83%, reaching an intraday high of Rs 1,685. However, the stock's delivery volume has decreased by 6.36% compared to the five-day average, indicating a decline in investor participation. Additionally, while the stock is currently above its five-day moving average, it remains below the longer-term moving averages of 20, 50, 100, and 200 days, suggesting mixed signals in terms of trend strength.
In the broader market context, the stock's short-term performance over the past week shows a modest gain of 0.32%, contrasting with the Sensex, which has declined by 1.30%. This indicates that Spectrum Electrical Industries Ltd is performing relatively well compared to the overall market. Despite a negative return of 3.68% over the past month, the stock's recent upward movement suggests a potential recovery phase, especially as it has outperformed the sector today. However, the lack of available positive or negative dashboard data limits a comprehensive analysis of the factors influencing this recent price movement.