Why is Disha Resources falling/rising?

As of 23-Jun, Disha Resources Ltd's stock price is currently at 22.29, reflecting an increase of 1.68 or 8.15%. Today, the stock opened with a significant gain of 5.73% and reached an intraday high of Rs 23, marking an increase of 11.6%. Despite this, the stock has shown high volatility, with an intraday range of Rs 2.89 and a weighted average price indicating more volume traded close to the low price. Over the past week, the stock has outperformed its sector by 7.62%, and its performance over the last year shows a positive return of 17.38%, although it has declined by 7.89% year-to-date. Notably, there has been a decrease in investor participation, with delivery volume falling by 20.25% against the five-day average, which may indicate a potential concern for future price stability.
In the broader market context, Disha Resources' short-term return of 2.25% over the past week significantly outpaces the Sensex, which only gained 0.12% in the same period. This suggests that the stock is currently experiencing a favorable sentiment compared to the overall market. However, the year-to-date performance shows a stark contrast, with the stock down 7.89% while the Sensex has risen by 4.81%. This divergence highlights the challenges Disha Resources faces in maintaining momentum despite recent gains, particularly in light of falling investor participation and high volatility, which could impact future performance.