Why is Sterlite Tech. falling/rising?

As of 19-Sep, Sterlite Technologies Ltd is currently priced at 123.85, reflecting an increase of 1.1 (0.9%). The stock has shown a positive trend today, outperforming its sector by 0.52% and reversing a two-day decline. It reached an intraday high of Rs 125.5, which is a 2.24% increase. Over the past week, the stock has gained 3.47%, although it has experienced a decline of 9.60% over the past month. Notably, the company has reported strong financial results in the last two quarters, with a significant growth in net sales and operating profit, which likely contributes to the stock's recent upward movement despite a decrease in investor participation.
In the broader market context, while the stock has outperformed the BSE500 index, which has returned -1.96% over the past year, Sterlite Technologies has achieved a remarkable return of 30.88% during the same period. This indicates that the stock is performing well relative to the market, particularly given its positive financial results. However, the recent drop in delivery volume suggests a potential concern regarding investor engagement, which could impact future price movements. Overall, the combination of strong financial performance and a recent trend reversal has contributed to the stock's rise today.