Why is Concord Control falling/rising?

As of 18-Sep, Concord Control Systems Ltd is currently priced at Rs 2,649.25, reflecting a slight increase of 1.25 (0.05%). The stock has shown strong performance over the past month, with a return of +32.46%, significantly outperforming the Sensex, which returned +2.14% during the same period. However, today's performance indicates a slight underperformance against its sector by -0.34%. The stock is trading above all its moving averages, indicating a positive trend, and is close to its 52-week high, being only 3.43% away from Rs 2,740. Despite these positive indicators, there has been a notable decline in investor participation, with delivery volume dropping by -54.63% compared to the 5-day average, which may suggest reduced interest among investors.
Broader Market Context: In the short term, Concord Control has outperformed the benchmark Sensex, which reflects a strong relative performance with a 1-week return of +2.57% compared to the Sensex's +1.80%. This indicates that while the stock is experiencing some positive momentum, the falling investor participation could be a concern for future price stability. The liquidity of the stock remains adequate, allowing for trades of Rs 0.07 crore, which may help maintain some level of trading activity despite the recent drop in delivery volumes. Overall, the stock's recent rise can be attributed to its strong historical performance and current trading above moving averages, although the decline in investor participation could pose challenges ahead.