Why is Concord Control falling/rising?

As of 10-Sep, Concord Control Systems Ltd is experiencing a price increase, with the current price at Rs 2,570.00, reflecting a rise of Rs 270.0 or 11.74%. The stock has shown significant performance today, hitting a new 52-week and all-time high of Rs 2,588.75, and has outperformed its sector by 9.82%. After two days of consecutive declines, the stock has reversed its trend, trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a notable decline in investor participation, with delivery volume falling by 30.6% against the 5-day average, indicating a potential concern for future momentum.
In the broader market context, Concord Control's short-term performance has significantly outpaced the benchmark Sensex, with a 1-week return of 26.67% compared to the Sensex's 1.06%. Over the past month, the stock has gained 54.82%, while the Sensex has only increased by 1.96%. This strong relative performance suggests that investor sentiment remains positive despite the recent drop in delivery volume, which may affect liquidity. Overall, the stock's rise can be attributed to its recent high performance and trend reversal, even as it faces challenges with declining investor participation.