Why is Chamunda Ele. falling/rising?

As of 22-Sep, Chamunda Electrical Ltd is experiencing a price increase, with its current price at 54.60, reflecting a rise of 5.8 or 11.89%. The stock has shown strong performance, outperforming its sector by 12.45% today. Additionally, it has demonstrated significant short-term returns, with a 21.74% increase over the past week and a 10.53% increase over the past month. However, there is a noted decline in investor participation, as the delivery volume has fallen by 47.06% against the 5-day average, which may indicate a potential concern for future trading activity.
In the broader market context, Chamunda Electrical Ltd's recent performance stands in stark contrast to the Sensex, which has only increased by 0.53% over the past week and 1.34% over the past month. This suggests that while the stock is rising significantly, the overall market is relatively stable, highlighting Chamunda's strong position within its sector. The stock is also trading above all its moving averages, indicating a bullish trend, although the decline in delivery volume could be a factor to monitor moving forward.