Why is Waa Solar falling/rising?

As of 11-Sep, Waa Solar Ltd's stock price is currently at Rs 67.99, reflecting an increase of Rs 1.04 or 1.55%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 3.09% during this period. It outperformed its sector by 0.85% today, reaching an intraday high of Rs 68.75, although it also experienced a low of Rs 65.17. The stock's performance over the past week shows a gain of 3.02%, while the one-month return is 1.48%. Notably, there has been a significant increase in investor participation, with delivery volume rising by 77.42% compared to the five-day average, indicating growing interest in the stock. However, the absence of specific positive or negative factors in the dashboard limits a deeper analysis of the underlying reasons for the stock's movement.
In the broader market context, Waa Solar's short-term performance has outpaced the Sensex, which recorded a return of 1.03% over the same week. Despite this recent uptick, the stock has faced challenges in the longer term, with a year-to-date decline of 42.77% compared to the Sensex's gain of 4.36%. This stark contrast highlights the stock's volatility and the potential concerns investors may have regarding its future performance. Overall, while the stock is currently rising, its historical performance suggests caution may be warranted.