Why is Virtuoso Optoel. falling/rising?

As of 29-Jul, Virtuoso Optoelectronics Ltd is experiencing a price increase, currently at Rs 483.35, which represents a rise of 23.35 or 5.08%. The stock has outperformed its sector today by 4.63%, reaching an intraday high of Rs 483.35. However, despite this positive movement, the stock has shown a decline of 4.80% over the past month and a year-to-date decrease of 9.08%. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 49.18% compared to the 5-day average, indicating a potential concern regarding sustained interest in the stock. The absence of specific positive or negative factors in the dashboard limits the understanding of the underlying reasons for the stock's recent performance.
Broader market context reveals that while Virtuoso Optoelectronics has risen by 2.12% over the past week, the benchmark Sensex has declined by 1.03% during the same period. This suggests that the stock is performing relatively well compared to the broader market in the short term. However, the stock's year-to-date performance is notably worse than the Sensex, which has gained 4.09% this year. This contrast highlights the stock's volatility and the challenges it faces in maintaining upward momentum amidst broader market trends.