Why is Avax Apparels falling/rising?

As of 06-Nov, Avax Apparels and Ornaments Ltd is experiencing a price increase, currently at Rs 186.00, which reflects a rise of 7.6 or 4.26%. The stock has shown strong performance recently, with a 4.20% increase over the past week and an impressive 47.15% rise over the last month, significantly outperforming the Sensex, which has only gained 1.86% in the same period. Today, the stock opened with a gain of 3.7% and reached an intraday high of Rs 186. However, there has been a notable decline in investor participation, with delivery volume dropping by 44.44% against the 5-day average, indicating some potential concerns despite the positive price movement.
Broader Market Context: In the short term, Avax Apparels has outperformed the benchmark Sensex, which has declined by 1.30% over the past week while the stock has gained 4.20%. This divergence suggests that investor sentiment towards Avax Apparels remains strong despite the overall market's challenges. The stock is also trading above all major moving averages, indicating a bullish trend. However, the erratic trading pattern, with the stock not trading on three days out of the last twenty, raises questions about its liquidity and stability in the market.