Why is Avro India falling/rising?

As of 05-Jun, Avro India Ltd's stock price is currently at Rs 189.00, reflecting an increase of Rs 2.7 or 1.45%. The stock has shown a positive trend, gaining 4.88% over the last two days and outperforming its sector by 1.19% today. It has also demonstrated strong performance over the past year, with a return of 70.50%, significantly higher than the market's average return of 8.09%. The stock is trading above its moving averages, indicating a bullish trend, supported by technical indicators such as MACD and Bollinger Bands. However, there has been a notable decline in investor participation, with delivery volume dropping by 70.64% compared to the five-day average.
In the broader market context, Avro India's short-term performance of +4.05% over the past week contrasts sharply with the Sensex, which has declined by 0.23%. This indicates that while the stock is experiencing upward momentum, the overall market is facing challenges. The stock's volatility has been high today, with an intraday range of Rs 20, suggesting active trading despite the drop in delivery volume. Overall, while Avro India is currently rising, the decrease in investor participation may pose a concern for sustained growth moving forward.