Why is Forge Auto falling/rising?

As of 11-Sep, Forge Auto International Ltd is experiencing a price increase, currently at 164.45, reflecting a rise of 7.7 or 4.91%. The stock has shown strong performance, outperforming its sector by 4.43% today. Additionally, it is 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 increased by 12.95%, and it has gained 34.19% over the past month, significantly outpacing the Sensex, which has only risen by 1.10% and 1.71% in the same periods. However, there has been a notable decline in investor participation, with delivery volume dropping by 56.31% against the 5-day average, which could be a concern for future momentum.
In the broader market context, Forge Auto's impressive year-to-date return of 113.71% starkly contrasts with the Sensex's 5.75% increase, showcasing the stock's strong performance relative to the market. This significant outperformance in both the short-term and year-to-date periods suggests that investor sentiment remains positive despite the recent drop in delivery volumes. The liquidity of the stock remains adequate for trading, which may support continued interest from investors. Overall, while the stock is rising, the decrease in delivery volume may warrant attention as it could indicate a potential shift in investor engagement.