Why is Vruddhi Engineer falling/rising?

As of 03-Jul, Vruddhi Engineering Works Ltd is experiencing a price increase, currently at Rs 245.00, reflecting a rise of 5.0 (2.08%). The stock has shown a positive trend today, outperforming its sector by 1.82% and marking a trend reversal after two consecutive days of decline. It opened with a gain of 2.08% and reached an intraday high of Rs 245, maintaining this price throughout the trading session. Despite this positive movement, there has been a notable decrease in investor participation, with delivery volume falling by 37.5% compared to the five-day average. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally favorable technical position. However, the absence of specific positive or negative factors in the dashboard limits a comprehensive analysis of the underlying reasons for the stock's movement.
In the broader market context, Vruddhi Engineering's short-term performance over the past week shows a gain of 6.06%, contrasting with the Sensex, which has declined by 0.62% during the same period. This suggests that the stock is performing well relative to the benchmark index in the short term. However, over the longer term, the stock has underperformed, with a year-to-date return of 3.95% compared to the Sensex's 6.53%. This divergence highlights the stock's recent recovery efforts amidst a challenging overall performance over the past year, where it has declined by 24.94% compared to the Sensex's increase of 4.07%.