Why is E Factor Experie falling/rising?

As of 19-Sep, E Factor Experiences Ltd is experiencing a price increase, with its current price at 273.25, reflecting a rise of 6.25 or 2.34%. The stock has outperformed its sector by 2.73% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, there has been a significant decline in investor participation, with delivery volume dropping by 96.06% against the 5-day average. Despite this drop in participation, the stock has shown impressive returns over the past month, gaining 25.89%, and a year-on-year increase of 21.99%, while the benchmark Sensex has only increased by 1.39% and decreased by 0.35% over the same period.
In the broader market context, E Factor Experiences Ltd's short-term performance of 1.56% over the past week surpasses the Sensex's gain of 0.85%, highlighting its relative strength in the market. The stock's year-to-date performance of 1.18% is notably lower than the Sensex's 7.11%, suggesting that while the stock is currently rising, it has not kept pace with the benchmark over the longer term. The significant drop in delivery volume may indicate a potential concern regarding liquidity, but the overall positive performance metrics suggest that investor sentiment remains favorable despite the recent decline in participation.