Why is Belrise Industri falling/rising?

As of 21-Jul, Belrise Industries Ltd is experiencing a slight increase in its stock price, currently at Rs 124.55, reflecting a change of 0.2 (0.16%) upward. The stock has shown strong performance recently, with a 6.41% increase over the past week and a notable 22.13% rise over the past month. It is currently trading close to its 52-week high, just 1.16% away from Rs 126. Additionally, the stock has outperformed its sector by 0.48% today and has gained consecutively for the last two days, accumulating a total return of 2.47% during this period. However, there has been a decline in investor participation, as evidenced by a 12.21% drop in delivery volume compared to the five-day average, which may indicate some caution among investors.
In the broader market context, while Belrise Industries has been performing well, the benchmark Sensex has shown a slight decline of 0.06% over the past week and a decrease of 0.25% over the past month. This contrast highlights the stock's strong relative performance against the broader market trends. Despite the positive price movements, the falling investor participation could pose a risk to sustained growth, suggesting that while the stock is currently rising, there may be underlying concerns that could impact future performance.