Why is Arunaya Organics falling/rising?

As of 23-Sep, Arunaya Organics Ltd is experiencing a price increase, with its current price at Rs 23.55, reflecting a rise of Rs 0.55 or 2.39%. The stock has shown a mixed performance recently, being 4.46% away from its 52-week low and outperforming its sector by 2.37% today. However, it has underperformed the benchmark Sensex over the past week and month, with declines of 1.87% and 2.28%, respectively. Additionally, the stock is currently trading higher than its 5-day moving average but lower than its longer-term moving averages, indicating some short-term strength amidst a broader downtrend. Notably, there has been a significant drop in investor participation, with delivery volume falling by 23.91% against the 5-day average, which may indicate waning interest.
In the broader market context, the Sensex has shown a slight decline of 0.28% over the past week and a modest gain of 1.20% over the past month, suggesting that the overall market sentiment is relatively stable, albeit with some weakness. Arunaya Organics' recent price movement contrasts with this, as it has managed to rise today despite its recent underperformance compared to the benchmark. The liquidity of the stock appears adequate for trading, but the falling investor participation could pose challenges for sustained upward momentum. Overall, while the stock is currently rising, the mixed signals from both its performance and market participation suggest caution moving forward.