Why is AVI Polymers falling/rising?

As of 15-Jul, AVI Polymers Ltd's stock price is currently at 16.11, reflecting an increase of 0.32 or 2.03%. The stock has shown strong performance recently, with a consecutive gain over the last two days, resulting in a total return of 6.69% during this period. Additionally, it has outperformed its sector by 0.85%. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a notable decline in investor participation, with delivery volume falling by 33.88% against the 5-day average, which may raise concerns about the sustainability of this upward movement.
In the broader market context, AVI Polymers has significantly outperformed the Sensex over various time frames, including a 6.34% increase over the past week compared to a 1.36% decline in the benchmark. Year-to-date, the stock has risen by 28.78% while the Sensex has only gained 5.67%. This strong relative performance suggests that investor sentiment towards AVI Polymers remains positive despite the recent drop in delivery volume, which could indicate a potential caution among investors regarding liquidity. Overall, the stock's recent rise can be attributed to its strong performance metrics, although the decrease in trading volume may warrant close monitoring.