Why is Websol Energy falling/rising?

As of 14-Jul, Websol Energy System Ltd's stock price is currently at 1,302.10, reflecting an increase of 8.7 points or 0.67%. The stock has shown a positive performance today, outperforming its sector by 1.13%, and reached an intraday high of Rs 1326.45, which is a 2.56% increase. Over the past week, the stock has returned +1.13%, while its performance over the last year has been impressive at +137.65%, significantly outpacing the broader market's return of only +2.15%. The company has also demonstrated strong fundamentals, with an annual operating profit growth rate of 85.08% and a notable increase in net sales of 17.43%, contributing to its positive results over the last four consecutive quarters.
In the broader market context, the stock's short-term performance is favorable compared to the benchmark, as it has gained 1.13% in the last week while the Sensex has declined by 1.42%. This indicates that Websol Energy is not only performing well on its own but is also resilient against broader market trends. The stock's liquidity is adequate, allowing for trades of Rs 0.35 crore, and the rising investor participation, evidenced by a 10.99% increase in delivery volume, suggests growing confidence among investors. Overall, the combination of strong financial results and positive market sentiment has contributed to the stock's upward movement.