Why is Bloom Industries falling/rising?

As of 07-Aug, Bloom Industries Ltd is experiencing a price increase, currently at Rs 43.99, which reflects a rise of Rs 2.13 or 5.09%. The stock has shown strong performance today, outperforming its sector by 5.71% and has been on a consecutive gain streak for the last two days, accumulating a total return of 12.42% during this period. Additionally, the stock opened with a gain of 2.72% and reached an intraday high of Rs 43.99. Over the past week, Bloom Industries has increased by 2.80%, and over the last month, it has surged by 17.62%, significantly outperforming the Sensex, which has declined by 0.69% in the same timeframe. However, there has been a noted decrease in investor participation, with delivery volume dropping by 35.71% against the 5-day average, indicating a potential concern for future momentum.
Broader Market Context: In comparison to the benchmark, Bloom Industries has demonstrated a robust short-term performance, with a 1-week return of 2.80% against the Sensex's decline of 0.69%. This trend continues over the longer term, as the stock has gained 52.90% over the past year, while the Sensex has only increased by 1.45%. The overall market context suggests that while Bloom Industries is currently thriving, the declining investor participation could pose challenges ahead. The stock's liquidity remains adequate for trading, but the falling delivery volume may indicate a need for caution among investors.