Why is Chambal Brewer falling/rising?

As of 11-Jul, Chambal Breweries & Distilleries Ltd is experiencing a price increase, currently at Rs 9.99, reflecting a rise of 0.19 or 1.94%. The stock has shown strong performance, gaining 67.9% over the last 21 days and outperforming its sector by 2.99% today. It is also trading close to its 52-week high, just 1.9% away from Rs 10.18. Additionally, the stock has demonstrated impressive returns over various periods, including a 76.19% increase over the past month and a 217.14% rise over the last three years. However, there has been a notable decline in investor participation, with delivery volume falling by 35.49% compared to the 5-day average, which could indicate a potential concern for future momentum.
In the broader market context, Chambal Breweries has significantly outperformed the Sensex, which has declined by 1.12% over the past week while the stock itself has risen by 10.14%. This stark contrast highlights the stock's strength relative to the overall market. Despite the positive price movement, the decrease in delivery volume may suggest caution among investors, which could impact future trading activity. Overall, while the stock is currently on an upward trajectory, the falling investor participation could pose challenges ahead.