Why is Avax Apparels falling/rising?

As of 02-Jul, Avax Apparels and Ornaments Ltd is experiencing a price increase, currently at Rs 139.70, reflecting a rise of 5.75 or 4.29%. The stock has shown strong performance today, outperforming its sector by 3.52% and opening with a gain of 4.29%. It reached an intraday high of Rs 139.70 and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a notable decline in investor participation, with delivery volume dropping by 28.57% compared to the 5-day average. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, Avax Apparels has outperformed the Sensex over the past week, with a return of 13.62% compared to the benchmark's 0.79%. Over the past month, the stock has also shown a positive return of 5.04%, while the Sensex increased by 2.50%. This indicates that the stock is gaining traction relative to the overall market, contributing to its rising price.