Why is Hoac Foods falling/rising?

As of 05-Sep, Hoac Foods India Ltd is experiencing a price increase, currently at 227.15, with a change of 10.8, representing a rise of 4.99%. The stock has shown strong performance today, outperforming its sector by 5.88%. It is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Over the past week, the stock has increased by 10.80%, while its one-month return stands at 8.68%. Year-to-date, the stock has surged by 53.74%, significantly outperforming the Sensex, which has only increased by 4.64% during the same period. However, there has been a decline in investor participation, with delivery volume dropping by 30.56% compared to the 5-day average, which may raise concerns about the sustainability of the stock's upward movement.
In the broader market context, Hoac Foods' short-term performance has significantly outpaced the Sensex, which only gained 1.29% over the past week. This strong relative performance suggests that investor sentiment towards Hoac Foods remains positive despite the recent decline in delivery volume. The stock's liquidity is adequate, allowing for trading without significant issues, which may contribute to its current price rise. Overall, while the stock is currently on an upward trajectory, the drop in delivery volume could indicate potential caution among investors regarding future price movements.