Why is TVS Elec. falling/rising?

As of 13-Nov, TVS Electronics Ltd is experiencing a significant rise in its stock price, currently at Rs 662.05, reflecting an increase of Rs 71.1 or 12.03%. The stock has shown strong performance today, outperforming its sector by 12.6% and achieving a consecutive gain over the last three days with a total return of 14.22%. Additionally, the stock has demonstrated impressive returns over various periods, including a year-to-date increase of 50.24% and a remarkable 575.91% rise over the past five years. However, there has been a slight decline in investor participation, with delivery volume decreasing by 2.22% against the five-day average, which could indicate some caution among investors.
Broader Market Context: In comparison to the benchmark Sensex, which has risen by 1.40% over the past week, TVS Electronics has outperformed significantly with a 9.11% increase in the same timeframe. This trend of outperformance is consistent across other periods as well, with the stock showing a 10.40% gain over the past month compared to the Sensex's 2.61%. The strong upward movement in TVS Electronics' stock price, coupled with its consistent performance above key moving averages, suggests a robust demand for the stock despite the slight dip in delivery volume.