Why is Wonder Electric. falling/rising?

As of 15-Jul, Wonder Electricals Ltd is experiencing a price increase, currently at Rs 157.50, reflecting a rise of Rs 2.75 or 1.78%. Today's price summary indicates that the stock has outperformed its sector by 1.55% and has shown a trend reversal after two consecutive days of decline, reaching an intraday high of Rs 161.4. Despite this positive movement, the stock is trading below 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 167.19% compared to the 5-day average. Over the past year, the stock has delivered a return of 33.97%, significantly outperforming the BSE500 index over the same period.
In the broader market context, while Wonder Electricals has seen a decline of 9.59% over the past week, the benchmark Sensex has only decreased by 1.36%. This indicates that the stock's short-term performance is lagging behind the market. However, the company has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 30.95% and net profit growing by 80.55%. The consistent positive results over the last six quarters and strong returns over the past three years suggest a solid foundation for future performance, which may contribute to the recent price rise despite the short-term volatility.