Why is Associated Cera. falling/rising?

As of 05-June, Associated Ceramics Ltd is experiencing a price increase, currently at Rs 240.00, reflecting a rise of Rs 7.45 or 3.2%. The stock has shown a significant performance today, outperforming its sector by 1.46%, with an intraday high of Rs 244.15, marking a 4.99% increase. However, it also faced a low of Rs 220.95, indicating volatility with a wide trading range of Rs 23.2. Over the past month, the stock has gained 16.62%, contrasting with a decline of 6.83% over the past week. Despite these gains, there has been a notable decline in investor participation, with delivery volume dropping by 61.54% against the 5-day average, which may indicate a potential concern for future price stability.
Broader Market Context: In comparison to the benchmark Sensex, which has seen a slight decline of 0.23% over the past week, Associated Ceramics Ltd's recent performance is relatively strong, especially with its 1-month return of 16.62% compared to the Sensex's 0.80% increase. However, the stock's year-to-date performance of 6.24% is modestly better than the Sensex's 4.23%. The stock's moving averages indicate it is currently higher than the 20-day, 50-day, and 100-day averages but lower than the 5-day and 200-day averages, suggesting mixed signals regarding its trend. Overall, while the stock is rising today, the falling investor participation and volatility may pose challenges ahead.