Why is Candour Techtex falling/rising?

As of 08-Oct, Candour Techtex Ltd is experiencing a price increase, currently at Rs 112.11, reflecting a rise of 5.33 (4.99%). The stock has shown strong performance recently, gaining 21.53% over the past week and 52.55% over the last month. It has consistently outperformed its sector today, opening with a gain of 4.99% and reaching an intraday high of Rs 112.11. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, it is worth noting that investor participation has decreased, with delivery volume falling by 41.22% compared to the 5-day average, indicating a potential concern regarding sustained interest in the stock.
In the broader market context, Candour Techtex's recent performance significantly outpaces the benchmark Sensex, which has only risen by 0.98% over the past week. This stark contrast highlights the stock's strong momentum relative to the overall market. Over the year, while the stock has increased by 45.79%, the Sensex has only marginally increased by 0.17%. Such robust performance against the benchmark suggests that investor sentiment remains positive towards Candour Techtex, despite the noted decline in delivery volume, which may warrant monitoring for future trading activity.