Why is Virtuoso Optoel. falling/rising?

As of 04-Aug, Virtuoso Optoelectronics Ltd is experiencing a price increase, currently at Rs 517.00, which reflects a rise of Rs 26.95 or 5.5%. The stock has shown strong performance today, outperforming its sector by 4.5% and has been on a consecutive gain streak for the last two days, accumulating a total return of 5.88% during this period. Additionally, the stock opened with a gap up of 5.5% and reached an intraday high of Rs 517. Despite this positive movement, there has been a noted decline in investor participation, with delivery volume falling by 11.53% against the 5-day average, indicating a potential concern regarding sustained interest in the stock.
In the broader market context, Virtuoso Optoelectronics has significantly outperformed the benchmark Sensex over the past week, with a return of 12.39% compared to the Sensex's modest 0.16%. However, the stock's year-to-date performance shows a decline of 2.76%, contrasting with the Sensex's gain of 3.69%. Over the past year, Virtuoso has delivered an impressive return of 72.36%, while the Sensex has only increased by 0.05%. This strong annual performance, coupled with today's gains, suggests that the stock is currently benefiting from positive momentum, even as it faces challenges in investor engagement.