Why is Balaji Phos. falling/rising?

As of 11-Sep, Balaji Phosphates Ltd is currently priced at 168.35, reflecting an increase of 0.9, or 0.54%. The stock has shown a performance today that is in line with its sector. It is trading higher than its 20-day, 50-day, 100-day, and 200-day moving averages, although it is lower than the 5-day moving average. Notably, there has been a significant rise in investor participation, with delivery volume increasing by 224.74% against the 5-day average. In the past month, the stock has gained 18.39%, contrasting with a decline of 4.24% over the past week, while the Sensex has increased by 1.10% during the same week.
In the broader market context, Balaji Phosphates Ltd's recent performance has been strong over the past month compared to the Sensex, which has only risen by 1.71%. However, the stock's short-term decline of 4.24% over the past week indicates some volatility, despite its overall positive trend in the last month. The stock's liquidity is adequate, allowing for trades of Rs 0.02 crore, which supports its trading activity. Overall, while specific positive or negative factors were not detailed, the increase in delivery volume and the stock's performance relative to its moving averages suggest a favorable sentiment among investors.