Why is Hemisphere Prop falling/rising?

As of 01-October, Hemisphere Properties India Ltd is experiencing a price increase, currently at Rs 182.95, which reflects a rise of Rs 16.0 or 9.58%. The stock has shown strong performance today, outperforming its sector by 8.17% and reaching an intraday high of Rs 184.5, marking a 10.51% increase. Over the past week, the stock has gained 8.67%, and over the past month, it has surged by 31.81%, significantly outperforming the Sensex, which has only increased by 0.77% during the same period. However, there has been a decline in investor participation, with delivery volume falling by 7.15% compared to the 5-day average, which could indicate a potential concern for sustained momentum.
Broader Market Context: In the context of the broader market, Hemisphere Properties has demonstrated a strong short-term return compared to the Sensex, which has decreased by 0.90% over the past week. The stock's performance is particularly notable given its year-to-date return of 4.75%, slightly above the Sensex's 3.64%. Additionally, the stock is trading above all key moving averages, suggesting a bullish trend. However, the falling delivery volume may raise questions about the sustainability of this upward movement, despite the overall positive performance metrics.