Why is Fabtech Techn. falling/rising?

As of 23-Jun, Fabtech Technologies Cleanrooms Ltd is experiencing a price increase, currently at Rs. 354.00, which reflects a rise of Rs. 9.0 or 2.61%. The stock has recently hit a new 52-week and all-time high of Rs. 360, indicating strong upward momentum. Over the past week, the stock has outperformed its sector by 3.07% and has gained 6.74% over the last two days. However, there is a notable decline in investor participation, with delivery volume dropping by 72.41% compared to the 5-day average, which may raise concerns about sustainability in the stock's upward trajectory. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend in its performance.
In the broader market context, Fabtech Technologies has shown a return of 3.21% over the past week, significantly outperforming the Sensex, which only increased by 0.12% during the same period. Over the last month, the stock has risen by 9.46%, while the Sensex has only gained 0.22%. This strong performance relative to the benchmark indicates that investor sentiment towards Fabtech Technologies remains positive, despite the recent drop in trading volume. Overall, while the stock is currently rising, the decrease in investor participation could be a factor to monitor moving forward.