Why is Adline Chem Lab falling/rising?

As of 07-Aug, Adline Chem Lab Ltd's stock price is rising, currently at 16.42, reflecting an increase of 0.78 or 4.99%. The stock has outperformed its sector by 4.34% today, although it has exhibited erratic trading, not trading on 3 out of the last 20 days. The stock's performance over the past week shows a gain of 4.92%, while its one-month return is down by 8.22%. Additionally, the stock is currently trading higher than its 5-day and 50-day moving averages but lower than its 20-day, 100-day, and 200-day moving averages. Notably, there has been a significant decline in investor participation, with delivery volume dropping by 61.54% against the 5-day average, indicating a potential concern for future liquidity.
In the broader market context, Adline Chem Lab's recent performance contrasts with the Sensex, which has declined by 0.69% over the past week. While the stock has shown a strong return of 87.66% over the past three years and 228.40% over the past five years, its one-month performance is notably weaker compared to the benchmark's decline of 3.38%. This suggests that while the stock is experiencing a short-term rise, it may be facing challenges in sustaining momentum due to falling investor participation and mixed trading patterns.