Why is Swelect Energy falling/rising?

As of 04-Sep, Swelect Energy Systems Ltd is currently priced at 718.90, reflecting a slight increase of 0.35 (0.05%). The stock has shown a positive performance today, outperforming its sector by 0.63%. Over the past week, it has gained 0.92%, while over the past month, it has risen by 7.35%. However, it is important to note that the stock has experienced a significant decline of 28.81% year-to-date and 38.68% over the past year. Despite these declines, the company has reported strong financial results, including a 134.63% growth in net profit and a 109.14% increase in net sales over the last six months. The stock is trading at a discount compared to its peers, which may attract investors looking for value.
In the broader market context, the Sensex has increased by 0.80% over the past week and is up 3.30% year-to-date, indicating that while Swelect Energy has outperformed the benchmark in the short term, it has lagged behind in the longer term. The stock's liquidity remains adequate, but there has been a notable decline in investor participation, with delivery volume dropping by 58.56% against the five-day average. This decline in participation could be a concern for future price movements. Overall, while the stock has shown some positive short-term trends and strong financial results, its long-term performance remains under pressure compared to the broader market.