Why is Akar Auto Indust falling/rising?

As of 02-Jul, Akar Auto Industries Ltd is experiencing a rise in its stock price, currently at Rs 166.90, which reflects an increase of Rs 2.0 or 1.21%. The stock has shown strong performance recently, gaining 5.2% over the last two days and outperforming its sector by 1.71% today. It is also close to its 52-week high, just 2.88% away from Rs 171.7. Over the past week, the stock has increased by 8.55%, and it has demonstrated impressive returns over longer periods, including a 61.96% rise in the last month and a staggering 908.46% increase over the past five years. However, it is important to note that there has been a decline in investor participation, with delivery volume falling by 44.55% against the five-day average.
In the broader market context, Akar Auto Industries Ltd has significantly outperformed the benchmark Sensex, which has only risen by 0.79% in the past week. This strong relative performance highlights investor confidence in the company compared to the overall market. Despite the recent gains, the falling investor participation could indicate potential caution among traders, which may affect future price movements. Overall, the stock's upward trajectory is supported by its strong historical performance and recent gains, but the decline in trading volume suggests a need for careful monitoring of investor sentiment.