Why is Hamps Bio falling/rising?

As of 02-Sep, Hamps Bio Limited's stock price is currently at 56.56, reflecting an increase of 1.1 or 1.98%. The stock has been on an upward trend, gaining for the last four consecutive days and achieving an impressive return of 8.17% over the past week. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance relative to its historical price levels. However, there has been a notable decline in investor participation, with delivery volume dropping by 58.33% compared to the 5-day average, which could suggest a potential concern regarding sustained interest in the stock.
Broader Market Context: In comparison to the benchmark Sensex, Hamps Bio has significantly outperformed in the short term, with a 1-week return of +8.17% against the Sensex's decline of -0.78%. This strong performance contrasts with the year-to-date figures, where Hamps Bio is down 31.58%, while the Sensex has gained 2.58%. The recent positive momentum in Hamps Bio's stock price, despite the overall negative trend in the broader market, highlights its potential resilience, although the falling investor participation may pose challenges for its continued upward trajectory.