Why is Forge Auto falling/rising?

As of 17-Nov, Forge Auto International Ltd is experiencing a price increase, with its current price at 138.95, reflecting a rise of 1.95 or 1.42%. The stock has shown strong performance today, outperforming its sector by 1.79%. In terms of returns, the stock has increased by 7.71% over the past week, although it has seen a decline of 3.47% over the past month. Year-to-date, the stock has performed exceptionally well with an increase of 80.57%, significantly outpacing the benchmark Sensex, which has risen by only 10.02%. However, there is a notable decline in investor participation, as evidenced by a 72.97% drop in delivery volume compared to the 5-day average, which may indicate some caution among investors.
Broader Market Context: In the short term, Forge Auto's performance has been robust compared to the Sensex, which has only gained 1.72% over the past week. This indicates that while the stock is currently rising, it is doing so in a market environment that is generally positive, albeit with lower participation levels. The stock's moving averages are higher than those of the 5-day, 20-day, 100-day, and 200-day periods, suggesting a strong upward trend, although it is below the 50-day moving average, which could signal some volatility ahead. Overall, the combination of strong year-to-date performance and recent price increases, despite falling investor participation, paints a complex picture of the stock's current trajectory.