Why is Sterlite Tech. falling/rising?

As of 16-Sep, Sterlite Technologies Ltd is experiencing a rise in its stock price, currently at Rs 123.95, reflecting an increase of Rs 2.4 or 1.97%. The stock has shown strong performance today, outperforming its sector by 0.91% and achieving a consecutive gain over the last four days, resulting in a total return of 7.83% during this period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a significant drop in delivery volume, which fell by 60% compared to the 5-day average, the company has reported positive results in the last two quarters, with a notable increase in operating profit and net sales, contributing to the stock's upward movement.
In the broader market context, Sterlite Technologies has outperformed the benchmark Sensex, which has only gained 1.58% over the past week, while the stock has increased by 5.85% in the same timeframe. Furthermore, despite a decline in its 1-month return of -8.01%, the stock has demonstrated resilience with a year-to-date return of 44.75%, significantly higher than the Sensex's 5.43%. This strong performance amidst a generally negative market trend, where the BSE500 has seen a decline of -2.93% over the past year, highlights the stock's ability to attract investor interest and maintain a positive trajectory.