Why is Swelect Energy falling/rising?

As of 14-Aug, Swelect Energy Systems Ltd's stock price is rising, currently at 736.70, reflecting an increase of 71.7 or 10.78%. The stock has shown strong performance today, outperforming its sector by 10.67% and has been on a consecutive gain streak for the last four days, accumulating a total return of 20.03% during this period. It opened with a significant gain of 13.53% and reached an intraday high of Rs 781.15, indicating robust investor interest. Despite this positive momentum, there has been a decline in delivery volume, which fell by 33.76% against the 5-day average, suggesting a potential concern regarding investor participation. The stock's performance over the past week and month has been impressive, with returns of +19.46% and +25.35%, respectively, contrasting with the Sensex, which has remained relatively flat.
Broader Market Context: In the context of the broader market, Swelect Energy's short-term performance has significantly outpaced the Sensex, which has shown a slight decline of 0.03% over the past week and a drop of 2.01% over the past month. The company's recent financial results have been a driving force behind the stock's rise, with a remarkable net profit growth of 134.63% and a 109.14% increase in net sales over the last six months. Additionally, the stock is trading at a discount compared to its peers, and despite a year-over-year return of -26.02%, the company's profits have increased by 22.9%, indicating a potentially attractive valuation. These factors contribute to the stock's upward movement, even as it navigates challenges in investor participation.