Why is Felix Industries falling/rising?

As of 15-Sep, Felix Industries Ltd is experiencing a price increase, currently at 189.20, reflecting a rise of 17.15 or 9.97%. The stock has outperformed its sector by 9.75% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. However, there is a notable decline in investor participation, with delivery volume dropping by 66.44% against the 5-day average, which could suggest a potential concern regarding sustained interest in the stock. Over the past week, the stock has gained 10.55%, significantly outperforming the Sensex, which only increased by 1.20%.
In the broader market context, Felix Industries' recent performance contrasts sharply with its year-to-date return of 3.42%, which lags behind the Sensex's 6.02%. Despite this, the stock has shown remarkable growth over the last three years, with a staggering increase of 909.07%, compared to the Sensex's 40.23%. This long-term performance may contribute to investor confidence, even as the stock has faced challenges over the past year, where it has declined by 24.83% while the benchmark has only fallen by 1.13%. Overall, while the stock is currently rising, the decline in delivery volume and mixed longer-term performance may warrant caution among investors.