Why is Welspun Enterp falling/rising?

As of 30-Jun, Welspun Enterprises Ltd is experiencing a price increase, currently at 540.05, reflecting a rise of 7.8 or 1.47%. The stock has outperformed its sector today by 1.71% and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 97.48% compared to the 5-day average. Over the past year, the stock has generated a return of 20.22%, and its consistent performance over the last three years, with a staggering 452.20% return, indicates strong investor confidence. The recent increase in promoter stake by 0.51% also signals positive sentiment regarding the company's future prospects.
In the broader market context, Welspun Enterprises Ltd has outperformed the Sensex in the short term, with a 1-week return of 8.32% compared to the Sensex's 2.09%. This trend of outperformance is consistent with the stock's performance over the last month, where it achieved a return of 7.12% against the Sensex's 2.65%. Despite a year-to-date decline of 10.22% while the Sensex has risen by 7.00%, the recent positive movements and rising investor interest suggest a potential turnaround for the stock, reflecting a divergence from broader market trends.