Why is Cian Healthcare falling/rising?

As of 13-Oct, Cian Healthcare Ltd's stock price is currently at Rs. 5.54, reflecting an increase of 0.1 (1.84%). The stock has recently hit a new 52-week high and has been on an upward trend, gaining 9.92% over the past week and 40.25% over the past month. It has outperformed its sector by 1.99% today and is trading above its moving averages across various time frames, indicating strong momentum. However, there has been a notable decline in investor participation, with delivery volume dropping by 83.68% compared to the 5-day average, which could suggest a potential concern regarding sustained interest in the stock.
In the broader market context, Cian Healthcare's recent performance significantly outpaces the Sensex, which has only increased by 0.66% over the past week. This stark contrast highlights the stock's strong short-term return relative to the benchmark. Despite the positive price movement, the falling investor participation may raise questions about the stock's future momentum, as liquidity remains adequate for trading. Overall, while the stock is currently rising, the decrease in delivery volume could be a factor to monitor moving forward.