Why is Envirotech Sys. falling/rising?

As of 24-Sep, Envirotech Systems Ltd is experiencing a price increase, currently at 157.95, reflecting a rise of 6.0 or 3.95%. The stock has outperformed its sector today by 4.41%, indicating strong performance relative to peers. Additionally, Envirotech is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend in its price movement. However, there has been a decline in investor participation, with delivery volume falling by 10.71% compared to the 5-day average, which may indicate some caution among investors. The stock has shown impressive returns over the past month, up 10.34%, and a year-to-date increase of 28.89%, significantly outperforming the Sensex, which has only risen by 5.97% during the same period.
In the broader market context, while Envirotech's short-term performance has been strong, with a 1-month return of 10.34% compared to the Sensex's 0.75%, it is important to note that the stock has faced a decline of 2.50% over the past week, contrasting with the Sensex's smaller decline of 1.08%. This suggests that while the stock has been performing well in the longer term, recent short-term fluctuations may be influenced by broader market conditions and investor sentiment. Overall, the combination of strong historical performance and current price trends indicates a positive outlook for Envirotech, despite the recent drop in trading volume.