Why is Virtuoso Optoel. falling/rising?

As of 07-Aug, Virtuoso Optoelectronics Ltd is experiencing a price increase, with the current price at Rs 533.00, reflecting a rise of Rs 6.7 or 1.27%. The stock has shown strong performance today, outperforming its sector by 0.88% and reaching an intraday high of Rs 539.95, which is a 2.59% increase. Additionally, the stock has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Over the past week, the stock has gained 9.15%, while its one-month return stands at 9.45%. This performance is further supported by a rise in investor participation, with delivery volume increasing by 3.92% compared to the 5-day average.
In the broader market context, the Sensex has declined by 0.69% over the past week and by 3.38% over the past month, contrasting with Virtuoso's positive returns during the same periods. This indicates that the stock is not only performing well relative to its own historical performance but also significantly outperforming the overall market. The stock's liquidity is sufficient for trading, as it is based on 2% of the 5-day average traded value, allowing for a trade size of Rs 0.05 crore. Overall, the combination of strong stock performance, positive investor sentiment, and favorable trading conditions contributes to the upward movement of Virtuoso Optoelectronics Ltd's stock price.