Why is Hira Automobile falling/rising?

As of 05-Jun, Hira Automobile Ltd's stock price is currently flat at Rs. 232.30, with no change in percentage terms. The stock has recently hit a new 52-week and all-time high of Rs. 232.30 today, reflecting a strong performance as it has outperformed its sector by 2.49%. Over the last three days, the stock has gained 6.1%, contributing to a remarkable year-to-date return of 226.17% and a one-year return of 259.60%. However, there has been a notable decline in investor participation, with delivery volume falling by 37.5% against the five-day average, which may indicate some caution among investors despite the stock's strong price performance. In the broader market context, Hira Automobile's short-term return of 4.03% over the past week significantly outpaces the Sensex, which has declined by 0.23% during the same period. This contrast highlights the stock's resilience and strength relative to the overall market. While the stock is trading above all its moving averages, the erratic trading pattern, with two days of no trading in the last 20 days, may raise concerns about liquidity and consistent investor interest. Nonetheless, the stock's ability to maintain its price amidst these fluctuations suggests a strong underlying demand, although the falling delivery volume could be a factor to monitor moving forward.