Why is Tega Inds. falling/rising?

As of 07-Aug, Tega Industries Ltd is experiencing a price increase, currently at Rs 1,839.00, reflecting a rise of 11.95 (0.65%). The stock has shown a trend reversal, gaining after two consecutive days of decline. Today, it reached an intraday high of Rs 1,880.05, which is a 2.9% increase, while the day's low was Rs 1,788.35, indicating some volatility. The stock has outperformed its sector by 0.5%, and there has been a notable increase in investor participation, with delivery volume rising by 41.83% compared to the five-day average. In terms of performance, the stock has had a strong year-to-date return of 17.15%, significantly outperforming the Sensex, which has only gained 3.18% in the same period.
Broader Market Context: In the short term, Tega Industries Ltd has outperformed the Sensex, with a one-week return of -3.84% compared to the benchmark's -0.69%. This indicates that while the stock has faced some recent challenges, it has managed to maintain a stronger position relative to the broader market over the past month and year. The stock's performance over three years is particularly impressive, with a return of 287.08%, far exceeding the Sensex's 38.08%. Overall, despite some fluctuations, the stock's recent upward movement can be attributed to increased investor interest and a recovery from previous declines.