Why is Forcas Studio falling/rising?

As of 02-Jul, Forcas Studio Ltd's stock price is rising, currently at 115.90, reflecting an increase of 2.9 or 2.57%. The stock has shown strong performance today, outperforming its sector by 3.35%. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Over the past week, the stock has gained 2.20%, and in the last month, it has risen by 7.31%, which is significantly higher than the Sensex's 2.98% increase during the same period. However, there has been a notable decline in investor participation, with delivery volume dropping by 69.57% compared to the 5-day average, which could be a concern for future trading activity.
In the broader market context, Forcas Studio's short-term performance has outpaced the benchmark Sensex, which has only increased by 0.83% over the past week. This suggests that the stock is gaining traction relative to the overall market. Despite the drop in delivery volume, the liquidity remains sufficient for trading, indicating that while investor participation has fallen, the stock is still accessible for trades. Overall, the combination of strong price movement and outperformance against the sector contributes to the stock's rising trend, despite the decline in investor participation.