Why is Escorp Asset Mgt falling/rising?

As of 26-Sep, Escorp Asset Management Ltd's stock price is rising, currently at Rs. 153.50, reflecting an increase of Rs. 5.7 or 3.86%. The stock has shown impressive performance recently, gaining 21.83% over the last six days and achieving a new 52-week and all-time high of Rs. 155.15 today. Additionally, the stock has outperformed its sector by 5.39%. Over various periods, the stock has demonstrated strong returns, including a 35.18% increase over the past month and a remarkable 151.23% year-to-date. However, there has been a notable decline in investor participation, with delivery volume falling by 90.46% against the five-day average, which could indicate a potential concern for future momentum.
Broader Market Context: In comparison to the benchmark Sensex, which has declined by 2.66% over the past week, Escorp Asset Management Ltd has significantly outperformed with a return of 17.31% in the same timeframe. This stark contrast highlights the stock's strength relative to the broader market, particularly as it continues to trade above its moving averages across multiple timeframes. Despite the falling investor participation, the liquidity remains sufficient for trading, suggesting that the stock's upward trajectory is supported by strong performance metrics and market confidence.