Why is V-Marc India falling/rising?

As of 30-Jun, V-Marc India Ltd's stock price is currently at 342.60, reflecting an increase of 16.3, or 5.0%. The stock has shown strong performance today, outperforming its sector by 5.03%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The delivery volume has significantly increased, with a rise of 266.41% against the 5-day average, suggesting heightened investor interest. Over the past week, the stock has gained 14.52%, while its year-to-date performance shows a decline of 10.63%, contrasting with a substantial 115.40% increase over the past year.
In the broader market context, V-Marc India's recent short-term return of 14.52% over the past week significantly outpaces the Sensex's return of 2.18% during the same period. This indicates that the stock is not only performing well in isolation but is also gaining traction compared to the overall market. The year-to-date decline of 10.63% is notable, especially against the Sensex's positive return of 7.92%, but the strong one-year performance suggests that the stock has recovered well from previous lows. Overall, the combination of rising investor participation and favorable technical indicators contributes to the stock's upward movement.