Why is Ganesh Green falling/rising?

As of 15-Jul, Ganesh Green Bharat Ltd is experiencing a price increase, currently at 548.50, reflecting a rise of 9.55 or 1.77%. The stock has shown strong performance recently, with a 1-week return of +9.08% compared to a decline of -1.28% in the Sensex. Over the past month, the stock has surged by +33.78%, while the benchmark has only increased by +1.93%. Additionally, Ganesh Green is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a notable decline in investor participation, with delivery volume dropping by -18.53% against the 5-day average, which could suggest a potential concern for sustained momentum.
In the broader market context, while Ganesh Green has outperformed the Sensex in the short term, it has underperformed year-to-date with a return of -2.09% compared to the benchmark's +6.56%. This divergence highlights that while the stock is currently rising, it has faced challenges over a longer time frame. The liquidity of the stock remains adequate for trading, as it is liquid enough for a trade size of Rs 0.06 crore, which may support continued interest from investors despite the recent drop in delivery volume. Overall, the stock's recent rise can be attributed to strong short-term performance metrics, although the decline in investor participation raises questions about its sustainability.