Why is United Heat falling/rising?

As of 10-Jun, United Heat Transfer Ltd is experiencing a significant rise in its stock price, currently at 79.70, reflecting an increase of 9.05 or 12.81%. The stock has shown strong performance recently, with a 1-week return of 37.41% and a 1-month return of 47.59%, both of which substantially outperform the Sensex's returns of 2.29% and 4.57%, respectively. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend. Notably, there has been a marked increase in investor participation, with delivery volume rising by 103.13% compared to the 5-day average, suggesting heightened interest and confidence in the stock.
In the broader market context, while United Heat has shown impressive short-term returns, it has underperformed on a year-to-date basis, with a decline of 11.64% compared to the Sensex's gain of 6.17%. This contrast highlights the stock's volatility and potential recovery phase in the short term. The liquidity of the stock is also favorable, as it is liquid enough for trades of Rs 0.01 crore based on 2% of the 5-day average traded value. Overall, the strong recent performance and increased investor engagement are key factors contributing to the stock's upward movement, despite its year-to-date challenges.