Why is Arabian Petrol. falling/rising?

As of 23-Jul, Arabian Petroleum Ltd's stock price is rising, currently at 88.00, reflecting an increase of 1.5 or 1.73%. The stock has shown strong performance recently, with a 5.39% increase over the past week and an 8.04% rise over the past month, significantly outperforming the Sensex, which has only increased by 0.03% and 0.99% in the same periods, respectively. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a decline in investor participation, with delivery volume falling by 11.76% against the 5-day average, which could suggest a potential concern for future momentum.
In the broader market context, Arabian Petroleum Ltd's short-term performance has outpaced the Sensex, which may indicate a favorable sentiment towards the stock compared to the overall market. While the stock has shown positive returns over the past week and month, it is important to note that year-to-date performance is lagging behind the benchmark, with a 2.39% increase compared to the Sensex's 6.66%. This discrepancy highlights a mixed outlook, where the stock is currently benefiting from short-term gains but may face challenges in sustaining this momentum without increased investor participation.