Why is Arunis Abode falling/rising?

As of 05-Sep, Arunis Abode Ltd is experiencing a price increase, with its current price at Rs 57.22, reflecting a rise of 1.12 or 2.0%. The stock has shown strong performance recently, gaining for the last 18 consecutive days and achieving a total return of 42.55% during this period. It opened today with a 2% gain and reached an intraday high of Rs 57.22. However, despite this positive momentum, the stock's delivery volume has significantly decreased by 81.61% compared to the 5-day average, indicating a potential decline in investor participation. Additionally, while the stock is currently above its 5-day moving average, it remains below its longer-term moving averages, suggesting mixed signals regarding its trend.
In the broader market context, Arunis Abode Ltd has outperformed the Sensex by 1.51% today, which is notable given that the Sensex itself has only increased by 1.13% over the past week. However, the stock's performance over the last month shows a drastic decline of 89.68%, contrasting sharply with the Sensex's stable performance of 0.00%. Year-to-date, the stock has underperformed with a decline of 42.13%, while the Sensex has gained 3.29%. Despite the recent upward movement, the significant drop in delivery volume and the overall negative trend over the longer term may raise concerns among investors about the sustainability of this rise.