Why is Exhicon Events falling/rising?

As of 25-Aug, Exhicon Events Media Solutions Ltd is experiencing a price increase, currently at Rs 561.95, reflecting a rise of Rs 11.0 or 2.0%. The stock has shown strong performance, gaining 14.82% over the last seven days and outperforming its sector by 1.66% today. It is also close to its 52-week high, just 1.31% away from Rs 569.3. The stock has consistently traded above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 31.82% compared to the 5-day average, which could be a concern for future momentum.
In the broader market context, Exhicon's short-term performance is significantly stronger than the benchmark Sensex, which has only increased by 0.45% over the past week, compared to Exhicon's 10.38% rise. This indicates that the stock is not only performing well in isolation but is also gaining traction relative to the overall market. The year-to-date return of 54.81% and the one-year return of 80.03% further highlight its strong performance compared to the Sensex's 4.48% and 0.68%, respectively. Overall, while the stock is on an upward trajectory, the decline in investor participation may warrant attention moving forward.