Why is A-1 falling/rising?

As of 24-Jun, A-1 Ltd's stock price is currently at Rs. 639.80, reflecting an increase of Rs. 9.8, or 1.56%. The stock has demonstrated strong performance, hitting a new 52-week and all-time high of Rs. 645.05 today. It opened with a gain of 2.01% and reached an intraday high of Rs. 645.05, outperforming its sector by 1.74%. Over the past week, the stock has risen by 10.51%, and year-to-date, it has increased by 56.83%. However, there has been a notable decline in investor participation, with delivery volume falling by 35.45% compared to the 5-day average, which could indicate a potential concern for future trading activity.
Broader Market Context: In comparison to the Sensex, which has increased by only 0.58% over the past week, A-1 Ltd's performance has significantly outpaced the benchmark. This trend is consistent across various time frames, with A-1 showing a year-on-year return of 84.04% compared to the Sensex's 6.10%. The stock's ability to trade above all key moving averages suggests a strong upward momentum, although the decrease in delivery volume may warrant caution among investors. Overall, while the stock is rising, the falling investor participation could pose a risk to its continued upward trajectory.