Why is Spel Semiconduct falling/rising?

As of 23-Sep, Spel Semiconductor Ltd's stock price is currently at 219.05, reflecting an increase of 0.6, or 0.27%. The stock has shown a trend reversal by gaining after two consecutive days of decline. Despite a recent drop in delivery volume by 36.72% compared to the 5-day average, the stock has outperformed its sector by 0.82%. Over the past month, Spel Semiconductor has experienced a significant increase of 69.81%, while its year-to-date return stands at 23.48%. The stock's performance over the longer term has also been impressive, with a 3-year return of 268.46% and a remarkable 5-year return of 2230.32%. However, the absence of specific positive or negative factors makes it difficult to assess additional influences on the stock's movement.
In the broader market context, Spel Semiconductor's short-term performance has outpaced the Sensex, which has only declined by 0.34% over the past week. This indicates that while the stock has faced some recent volatility, its overall trajectory remains strong compared to the benchmark. The stock's liquidity is adequate for trading, as it is based on 2% of the 5-day average traded value, allowing for trades of Rs 0.1 crore. Overall, the combination of a recent price increase, strong historical performance, and relative outperformance against the benchmark suggests a positive sentiment around Spel Semiconductor, despite the recent drop in investor participation.