Why is Balaji Telefilms falling/rising?

As of 28-Aug, Balaji Telefilms Ltd is currently priced at 94.00, reflecting an increase of 0.95, or 1.02%. The stock has been on an upward trend, gaining for the last three days with a total return of 4.29% during this period. It has outperformed its sector by 1.29% today 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 94.24% against the 5-day average, indicating a potential concern regarding sustained interest in the stock. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, Balaji Telefilms has shown strong performance compared to the benchmark Sensex, with a 1-week return of +3.18% while the Sensex has declined by 2.34%. Over the past month, the stock has increased by 5.43%, contrasting with the Sensex's decrease of 1.00%. Year-to-date, Balaji Telefilms has outperformed the benchmark significantly, with a return of +23.77% compared to the Sensex's +2.48%. This consistent outperformance suggests that despite the drop in investor participation, the stock is still viewed favorably in the market relative to broader trends.