Why is Accent Microcell falling/rising?

As of 19-Nov, Accent Microcell Ltd's stock price is rising, currently at 327.00, reflecting an increase of 21.35 or 6.99%. The stock has recently achieved a new 52-week high of Rs. 337.95, indicating strong upward momentum. It has outperformed its sector by 6.59% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a positive trend. However, there is a notable decline in investor participation, with delivery volume dropping by 38.52% compared to the 5-day average, which may raise concerns about sustainability. The stock has shown impressive returns over various periods, including a 21.11% increase year-to-date and a 32.52% rise over the past year, significantly outperforming the Sensex.
In the broader market context, Accent Microcell's short-term return of 5.38% over the past week is substantially higher than the Sensex's return of 0.68%, indicating strong relative performance. Over the past month, the stock has also outperformed the benchmark, with a return of 15.32% compared to the Sensex's 1.33%. This trend of outperformance suggests that investor sentiment towards Accent Microcell remains positive despite the recent drop in trading volume. Overall, while the stock is experiencing a rise in price, the decline in investor participation could be a factor to monitor moving forward.