Why is Denta Water falling/rising?

As of 08-Sep, Denta Water & Infra Solutions Ltd is experiencing a price increase, currently at Rs 437.55, which reflects a rise of Rs 21.2 or 5.09%. The stock has shown strong performance recently, gaining 5.57% over the last two days and is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, it is close to its 52-week high, being only 4.41% away from Rs 456.85. However, there has been a notable decline in investor participation, with delivery volume dropping by 27.87% compared to the 5-day average, which may indicate some caution among investors despite the stock's upward movement.
In the broader market context, Denta Water's performance over the past week shows a slight decline of 0.70%, while the benchmark Sensex has gained 0.53%. Over the past month, Denta Water has significantly outperformed the Sensex, with a return of 41.76% compared to the benchmark's 1.16%. This strong monthly performance suggests that the stock is attracting attention despite the recent dip in trading volume, indicating a potential divergence between stock-specific factors and broader market trends.