Why is Grand Continent falling/rising?

As of 24-Jul, Grand Continent Hotels Ltd is experiencing a price increase, currently at Rs 168.00, which reflects a change of 0.9 or 0.54% upward. The stock is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Despite a recent 1.70% decline over the past week, the stock has shown a strong performance over the past month with a 7.80% increase. However, there is a notable decline in investor participation, with delivery volume dropping by 58.33% compared to the 5-day average, which may indicate a potential concern for future trading activity.
In the broader market context, the Sensex has only decreased by 0.20% over the past week, suggesting that Grand Continent's short-term performance is relatively better than the benchmark. The stock has outperformed its sector by 1.68% today, which adds to its positive momentum. While the stock is close to its 52-week high, being just 3.09% away from Rs 175.25, the overall market sentiment appears to be supportive of its recent price rise, despite the drop in investor participation.