Why is Elango Industrie falling/rising?

As of 27-Jun, Elango Industries Ltd is experiencing a price increase, with its current price at 13.75, reflecting a rise of 0.65 or 4.96%. The stock has shown strong performance recently, gaining 15.64% over the last three days and outperforming its sector by 3.11% today. Additionally, the stock has delivered impressive returns over various periods, including a 21.15% increase over the past week and a 15.74% rise year-to-date. However, there is a notable decline in investor participation, with delivery volume dropping by 97.34% against the five-day average, which may indicate a potential concern for future trading activity.
In the broader market context, Elango Industries has significantly outperformed the benchmark Sensex, which has only increased by 2.00% over the past week while the stock surged by 21.15%. This trend of outperformance is consistent across multiple time frames, with the stock's one-year return of 22.55% compared to the Sensex's 6.08%. Despite the recent gains, the erratic trading pattern and falling delivery volumes could suggest caution among investors, indicating that while the stock is currently rising, there may be underlying factors that could affect its stability moving forward.