Why is Websol Energy falling/rising?

As of 15-Jul, Websol Energy System Ltd's stock price is rising, currently at Rs 1,376.20, reflecting an increase of Rs 74.1 or 5.69%. The stock has shown strong performance today, outperforming its sector by 4.86% and has gained 6.4% over the last two days. It has also reached an intraday high of Rs 1,376.20. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 60.94% compared to the 5-day average. The company has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 85.08% and consistent positive results over the last four quarters.
In the broader market context, Websol Energy's short-term return of 6.43% over the past week contrasts sharply with the Sensex, which has declined by 1.36% during the same period. While the stock has experienced a year-to-date decline of 17.18%, it has significantly outperformed the market over the past year, generating a return of 156.71% compared to the BSE500's 0.37%. This performance highlights the stock's resilience and attractiveness to investors, particularly in light of its strong financial results and growth metrics, which contribute to its rising price.