Why is Alpine Housing falling/rising?

As of 30-Jun, Alpine Housing Development Corporation Ltd is experiencing a price increase, currently at Rs 140.00, reflecting a rise of Rs 3.9 or 2.87%. The stock has shown strong performance recently, gaining 6.87% over the last two days and outperforming its sector by 3.11% today. It opened with a significant gain of 4.34% and reached an intraday high of Rs 142. Additionally, the stock has demonstrated impressive returns over various periods, including a 24.39% increase over the past month and a staggering 165.40% over the last three years. However, it is noteworthy that investor participation has declined, with delivery volume falling by 25.5% against the five-day average, which could indicate a potential concern for future momentum.
In the broader market context, Alpine Housing's recent performance significantly outpaces the benchmark Sensex, which has only risen by 2.09% over the past week and 2.65% over the past month. The stock's year-to-date return of 27.27% also surpasses the Sensex's 7.00% increase, highlighting its strong relative performance. This indicates that while the stock is currently on an upward trajectory, the declining investor participation may warrant caution moving forward, as it could affect the sustainability of its price gains.