Why is Chaman Metallics falling/rising?

As of 04-September, Chaman Metallics Ltd is experiencing a price increase, with its current price at 150.25, reflecting a rise of 1.5 (1.01%). The stock has outperformed its sector today by 1.79%, although it is currently trading above its 5-day, 20-day, and 200-day moving averages, but below its 50-day and 100-day moving averages. Despite this positive price movement, there has been a notable decline in investor participation, with delivery volume dropping by 35.78% against the 5-day average. Over the past month, the stock has shown a return of 4.78%, significantly outperforming the Sensex, which only increased by 0.05%. Year-to-date, Chaman Metallics has gained 10.97%, while over the past year, it has surged by 48.10%, contrasting sharply with the Sensex's decline of 1.84%.
In the broader market context, while Chaman Metallics has shown strong performance relative to the benchmark, its recent decline in investor participation may raise concerns about sustainability in the stock's upward trajectory. The stock's short-term return of 0.17% over the past week is less than the Sensex's increase of 0.95%, indicating that while the stock is rising, it is not keeping pace with the broader market in the immediate term. Overall, the combination of strong historical performance and current price increases suggests a positive outlook, but the drop in trading volume could signal caution among investors.