Why is Hoac Foods falling/rising?

As of 11-Sep, Hoac Foods India Ltd is experiencing a price increase, currently at 246.25, reflecting a rise of 11.6 points or 4.94%. The stock has shown strong performance, outperforming its sector by 5.06% today. It is trading above 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 gained 13.82%, and over the past month, it has risen by 21.31%. However, there has been a notable decline in investor participation, with delivery volume dropping by 54.55% compared to the 5-day average, which may raise concerns about the sustainability of this upward movement.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by only 1.10% over the past week, Hoac Foods' performance is significantly stronger. The stock's year-to-date return of 66.67% also far exceeds the Sensex's 5.75% gain, showcasing its robust performance in the market. Despite the positive price movement, the decline in delivery volume could suggest a potential caution among investors, which may impact future trading dynamics. Overall, while the stock is currently rising, the reduced investor participation could be a factor to monitor moving forward.