Why is Visaka Industrie falling/rising?

As of 30-Jun, Visaka Industries Ltd is experiencing a price increase, currently at Rs 93.70, which reflects a rise of Rs 8.23 or 9.63%. The stock has shown strong performance today, outperforming its sector by 8.01% and achieving consecutive gains over the last two days with a total return of 11.88%. It has also been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 144.29% compared to the 5-day average. Unfortunately, the positive and negative factors dashboard is not available to provide further insights into the specific influences on the stock's movement.
In the broader market context, Visaka Industries has outperformed the benchmark Sensex in the short term, with a 1-week return of 15.18% compared to the Sensex's 2.09%. Over the past month, the stock has also shown a return of 9.32% against the Sensex's 2.65%. However, it is important to note that the stock has underperformed over the longer term, with a 1-year return of -19.22% compared to the Sensex's 5.79% and a 3-year return of -1.06% against the Sensex's 57.69%. This contrast highlights the stock's recent positive momentum amidst a challenging longer-term performance.