Why is Beezaasan Exp. falling/rising?

As of 23-Jun, Beezaasan Explotech Ltd's stock price is rising, currently at Rs 249.20, reflecting an increase of Rs 13.1 or 5.55%. The stock has shown strong performance today, outperforming its sector by 5.38% and opening with a gain of 5.4%. It reached an intraday high of Rs 249.20, and it is trading above all key moving averages, indicating positive momentum. However, there has been a notable decline in investor participation, with delivery volume dropping by 52.51% compared to the 5-day average, which could suggest a potential concern regarding sustained interest in the stock.
In the broader market context, Beezaasan's stock has outperformed the Sensex over the past week and month, with returns of 5.35% and 10.27%, respectively, compared to the Sensex's minimal gains of 0.12% and 0.22%. This indicates that while the stock is experiencing upward movement, it is doing so in a relatively stable market environment. The absence of any positive or negative dashboard data limits further insights into specific factors influencing the stock's recent performance, but the overall upward trend suggests investor confidence despite the drop in trading volume.