Why is Waaree Tech. falling/rising?

As of 11-Sep, Waaree Technologies Ltd is experiencing a price increase, currently at Rs 320.05, reflecting a rise of 15.2 or 4.99%. The stock has shown strong performance today, outperforming its sector by 4.15% and has gained consecutively over the last two days, accumulating a total return of 10.74% in this period. The stock reached an intraday high of Rs 320.05, although it also touched a low of Rs 295.15. Notably, the stock's delivery volume has significantly increased by 295.25% compared to the 5-day average, indicating rising investor participation. While the stock is currently above its 5-day, 20-day, 50-day, and 100-day moving averages, it remains below the 200-day moving average. There is no information available regarding positive or negative factors impacting the stock.
In the broader market context, Waaree Technologies Ltd has outperformed the Sensex in the short term, with a 1-week return of 11.91% compared to the Sensex's 1.03%. Over the past month, the stock has also shown a positive return of 7.36%, while the Sensex increased by 1.17%. However, it is important to note that year-to-date, the stock has declined by 37.25%, contrasting sharply with the Sensex's gain of 4.36%. This indicates that while the stock is currently experiencing a positive trend, it has faced significant challenges over a longer time frame.