Why is Anka India falling/rising?

As of 18-Jul, Anka India Ltd's stock price is currently at 29.56, reflecting an increase of 0.57, or 1.97%. The stock has been on an upward trend, gaining for the last eight days and achieving a total return of 12.61% during this period. Additionally, over the past week, the stock has outperformed the sector by 2.2%. However, it is important to note that the delivery volume has significantly decreased by 79.59% compared to the five-day average, indicating a decline in investor participation. Despite this, the stock has shown impressive long-term performance, with a year-to-date increase of 44.48% and a staggering 111.44% rise over the past year.
In the broader market context, while Anka India has demonstrated strong short-term performance, the benchmark Sensex has experienced a slight decline of 0.90% over the past week. This contrast highlights the stock's resilience and ability to outperform the market. The stock's moving averages indicate that it is performing better than the 5-day, 20-day, 100-day, and 200-day averages, although it remains below the 50-day moving average. This suggests a potential bullish trend, but the falling investor participation could pose a risk to sustaining this momentum. Overall, while the stock is rising, the decrease in delivery volume may warrant caution among investors.