Why is Avance Tech. falling/rising?

As of 29-Aug, Avance Technologies Ltd is experiencing a price increase, currently at Rs. 1.92, which reflects a rise of 0.03 or 1.59%. The stock has reached a new 52-week high today and has been on a positive trajectory, gaining for the last 21 days with a remarkable return of 41.18% over this period. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. However, there has been a decline in investor participation, with delivery volume dropping by 16.92% against the 5-day average, which could suggest some caution among investors despite the stock's strong performance.
In the broader market context, Avance Technologies Ltd has significantly outperformed the benchmark Sensex, which has declined by 1.84% over the past week while the stock itself has risen by 6.67%. This trend continues over the past month, where the stock has gained 41.18% compared to the Sensex's drop of 1.88%. Year-to-date, Avance has shown an impressive return of 123.26%, contrasting sharply with the Sensex's modest gain of 2.14%. This strong performance relative to the benchmark highlights the stock's resilience and attractiveness to investors, despite the noted decrease in trading volume.