Why is Websol Energy falling/rising?

As of 16-Jul, Websol Energy System Ltd's stock price is currently at Rs 1,388.00, reflecting an increase of Rs 11.8 or 0.86%. The stock has shown strong performance recently, gaining 7.31% over the last three days and outperforming its sector by 0.78% today. It has also been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The company has reported impressive financial results, with a 17.43% growth in net sales and an annual operating profit growth rate of 85.08%. Furthermore, it has delivered positive results for the last four consecutive quarters, contributing to its strong performance, particularly with a remarkable return of 146.58% over the past year, significantly surpassing the market's return of 0.47%.
In the broader market context, Websol Energy's recent short-term return of 7.26% over the past week contrasts sharply with the Sensex, which has declined by 1.08% during the same period. This divergence highlights the stock's resilience and attractiveness to investors, especially given the rising investor participation, as evidenced by a 265.62% increase in delivery volume compared to the 5-day average. The stock's liquidity also supports its trade size, making it a viable option for investors. Overall, the combination of strong financial performance, positive market sentiment, and favorable trading conditions has contributed to the stock's upward movement.