Why is Bonlon Industrie falling/rising?

As of 27-Oct, Bonlon Industries Ltd is experiencing a price increase, currently at Rs 53.39, which reflects a rise of 1.57 or 3.03%. The stock has shown strong performance recently, with a consecutive gain over the last two days and an overall increase of 5.14% during this period. It opened with a gain of 3.63% today and reached an intraday high of Rs 53.7. Additionally, the stock has outperformed its sector by 3.44%. Over the past week, it has risen by 7.90%, and over the past month, it has increased by 37.32%. However, there has been a notable decline in investor participation, with delivery volume falling by 59.26% against the 5-day average, which may indicate a potential concern for future momentum.
Broader Market Context: In comparison to the Sensex, Bonlon Industries has significantly outperformed, with a year-to-date return of 49.93% compared to the Sensex's 8.50%. This trend continues in the short term, where the stock's 1-week return of 7.90% far exceeds the Sensex's 0.49%. Despite the positive price movement, the decline in delivery volume suggests that while the stock is currently rising, there may be underlying issues regarding investor confidence and participation that could impact its future performance.