Why is Faze Three falling/rising?

As of 12-Nov, Faze Three Ltd's stock price is currently at 511.15, reflecting an increase of 19.6 or 3.99%. The stock has been on an upward trend, gaining for the last four days and achieving a total return of 8.82% during this period. It has outperformed its sector by 2.43% today and reached an intraday high of Rs 521.6, indicating strong performance. The stock has shown impressive returns over various periods, including a 31.74% increase over the past year and a staggering 897.37% over the last five years. However, there is a noted decline in investor participation, with delivery volume falling by 5.07% compared to the five-day average, which may raise concerns about sustained momentum.
Broader Market Context: In comparison to the benchmark Sensex, which has risen by 1.21% over the past week, Faze Three Ltd has significantly outperformed with a 7.19% increase in the same timeframe. This trend of outperformance is consistent across multiple periods, including a year-to-date return of 15.12% against the Sensex's 8.10%. The stock's liquidity remains adequate for trading, suggesting that while there are some concerns regarding declining investor participation, the overall market sentiment appears favorable for Faze Three Ltd.