Why is Virtuoso Optoel. falling/rising?

As of 11-Jul, Virtuoso Optoelectronics Ltd is experiencing a price increase, with its current price at Rs 487.55, reflecting a rise of Rs 7.55 or 1.57%. The stock has shown a trend reversal, gaining after two consecutive days of decline. It outperformed its sector by 2.03% today and reached an intraday high of Rs 494, marking a 2.92% increase. Additionally, the stock's delivery volume has significantly increased by 241.55% compared to the 5-day average, indicating rising investor participation. Over the past month, the stock has appreciated by 7.54%, contrasting with its year-to-date performance, which shows a decline of 8.29%.
In the broader market context, the stock's recent performance can be compared to the Sensex, which has decreased by 1.12% over the past week while Virtuoso Optoelectronics Ltd has fallen by 1.80%. This indicates that the stock has underperformed relative to the benchmark in the short term. However, the stock's year-on-year return of 54.78% significantly outpaces the Sensex's 3.26%, suggesting strong long-term growth despite recent volatility. The liquidity of the stock remains adequate for trading, further supporting its recent price movement.