Why is Arcee Industries falling/rising?

As of 31-Oct, Arcee Industries Ltd is experiencing a price increase, with its current price at Rs. 7.55, reflecting a rise of 0.03 or 0.4%. The stock has recently hit a new 52-week high and has outperformed its sector by 0.64%. Over the last three days, it has shown a consecutive gain, rising by 10.54%. Additionally, the stock has performed well over various time frames, with a 1-week return of 13.53% and a year-to-date return of 26.47%. However, there is a notable decline in investor participation, as the delivery volume has decreased by 54.28% compared to the 5-day average, which could impact future price movements.
In the broader market context, while Arcee Industries has shown strong short-term performance, the benchmark Sensex has declined by 0.32% over the past week. This indicates that the stock is not only rising but is also gaining traction against a backdrop of a generally weaker market. Despite the positive price movements and strong returns over the past month and year, the falling investor participation suggests caution among traders, which could affect the stock's momentum moving forward.