Why is Clara Industries falling/rising?

As of 23-Sep, Clara Industries Ltd is experiencing a price increase, currently at Rs 38.90, which reflects a rise of 1.85 or 4.99%. The stock has shown strong performance today, outperforming its sector by 6.24% and opening with a gain of 4.99%. It has consistently traded at this price level throughout the day and is above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there is a notable decline in investor participation, with delivery volume dropping by 58.33% compared to the 5-day average. The stock's year-to-date return stands at an impressive 31.86%, significantly outperforming the Sensex, which has only increased by 5.07% during the same period.
In the broader market context, Clara Industries' short-term performance has been slightly negative, with a 1-week return of -0.26%, while the Sensex has decreased by 0.34%. Despite this, the stock has shown remarkable long-term growth, with a 3-year return of 144.72% compared to the Sensex's 41.31%. The current rise in price can be attributed to positive trading momentum today, although the erratic trading pattern and falling delivery volumes may raise concerns about sustained investor interest moving forward. Overall, while the stock is currently rising, the declining participation could impact its future performance.