Why is Denta Water falling/rising?

As of 17-Jul, Denta Water & Infra Solutions Ltd is experiencing a price increase, currently at Rs 318.95, reflecting a rise of Rs 8.15 or 2.62%. The stock has shown strong performance recently, with a consecutive gain over the last three days, resulting in a total return of 7.44% during this period. Additionally, the stock has outperformed its sector by 1.06% today. It has also been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a decline in investor participation, as the delivery volume on 16 July decreased by 3.19% compared to the 5-day average, which could be a concern for future momentum.
In the broader market context, Denta Water's short-term performance has significantly outpaced the benchmark Sensex, which has seen a decline of 1.12% over the past week while Denta Water has increased by 11.40%. This stark contrast highlights the stock's strength relative to the market. Despite the positive movement, the falling investor participation suggests caution, and the overall market conditions may impact future performance. The stock's liquidity remains adequate for trading, as it is based on 2% of the 5-day average traded value, allowing for reasonable trade sizes.