Why is Accent Microcell falling/rising?

As of 15-Jul, Accent Microcell Ltd is experiencing a price increase, currently at 281.75, which reflects a rise of 3.4 or 1.22%. The stock is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its price movement. However, there has been a notable decline in investor participation, with delivery volume on 14 July falling by 38.25% compared to the 5-day average. Over the past week, the stock has shown a strong performance with a return of 10.23%, significantly outperforming the Sensex, which declined by 1.28%. In the last month, Accent Microcell has gained 22.85%, further highlighting its recent positive momentum.
In the broader market context, while Accent Microcell has shown impressive short-term returns, its year-to-date performance of 4.35% lags behind the Sensex's 6.56%. This suggests that while the stock is currently on an upward trajectory, it has not kept pace with the broader market over a longer timeframe. The stock's liquidity remains adequate for trading, which may support its price stability despite the recent drop in delivery volumes. Overall, the combination of strong recent performance and higher trading averages contributes to the stock's rising price, even as investor participation shows signs of decline.