Why is Bharti Airtel PP falling/rising?

As of 07-Jul, Bharti Airtel Ltd Partly Paidup is experiencing a price increase, currently at Rs 1,545.60, reflecting a rise of 13.6 points or 0.89%. The stock has shown a positive trend, gaining after two consecutive days of decline. It is trading above all key moving averages, indicating strong momentum. Over the past week, the stock has increased by 0.97%, and it has performed exceptionally well year-to-date with a return of 31.23%. However, there has been a notable decrease in investor participation, with delivery volume dropping by 79.93% compared to the 5-day average, which may raise concerns about the sustainability of the current price movement.
In the broader market context, Bharti Airtel's recent performance contrasts with the Sensex, which has seen a slight decline of 0.20% over the past week. While the stock has outperformed the benchmark significantly over the past month and year, the recent drop in delivery volume could suggest a weakening interest among investors, despite the stock's positive price movement. Overall, while the stock is rising, the declining investor participation may warrant caution regarding its future trajectory.