Why is W S Inds. falling/rising?

As of 23-Jun, W S Industries (India) Ltd is experiencing a price increase, with its current price at Rs 85.68, reflecting a rise of Rs 1.68 or 2.0%. The stock has shown strong performance recently, gaining for six consecutive days and achieving a total return of 12.5% during this period. Additionally, it has outperformed its sector by 2.03%. In terms of returns compared to benchmarks, the stock has increased by 10.30% over the past week and 14.00% over the past month, while it remains significantly down 26.30% year-to-date and 41.07% over the past year. The stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it is below its 200-day moving average. However, there has been a decline in investor participation, with delivery volume decreasing by 6.42% against the 5-day average.
In the broader market context, the Sensex has shown minimal movement, with a gain of only 0.12% over the past week and 0.22% over the past month. This indicates that W S Industries is outperforming the benchmark significantly in the short term. The stock's impressive three-year return of 547.62% and five-year return of 5933.80% further highlight its long-term growth potential, despite recent volatility. The liquidity of the stock remains adequate for trading, as it is based on 2% of the 5-day average traded value, allowing for transactions of Rs 0.01 crore. Overall, the combination of recent gains, strong short-term performance relative to the benchmark, and adequate liquidity contributes to the stock's rising price.