Why is City Online Ser. falling/rising?

As of 06-Aug, City Online Services Ltd is experiencing a price increase, currently at 7.84, with a change of 0.15, representing a rise of 1.95%. The stock has shown strong performance recently, with a 7.99% increase over the past week and a notable 23.46% rise over the past month, significantly outperforming the Sensex, which has declined by 1.15% and 3.46% respectively during the same periods. Additionally, the stock is trading above its moving averages across various time frames, indicating a positive trend. However, there has been a concerning drop in investor participation, with delivery volume falling by 81.25% against the 5-day average, which may suggest a decrease in buying interest despite the price increase.
In the broader market context, City Online Services Ltd's recent performance contrasts sharply with the Sensex, which has shown a decline in the short term. While the stock has gained 7.99% over the past week, the Sensex has decreased by 1.15%, highlighting the stock's relative strength in a challenging market environment. Year-to-date, the stock is down 3.69%, while the Sensex has increased by 3.08%, indicating that the stock has struggled to maintain momentum compared to the broader market. Overall, the combination of strong short-term returns and a significant drop in investor participation creates a complex picture for City Online Services Ltd, suggesting that while the stock is currently rising, there may be underlying concerns that could affect its future performance.