Why is Ideal Tech. falling/rising?

As of 30-Jun, Ideal Technoplast Industries Ltd's stock price is rising, currently at 143.95, reflecting an increase of 3.0 or 2.13%. The stock has shown strong performance recently, with a 1-week return of 5.07% and a 1-month return of 10.05%, significantly outperforming the Sensex, which has returned 2.18% and 3.10% respectively over the same periods. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 53.13% compared to the 5-day average, which may raise concerns about the sustainability of the price increase.
In the broader market context, Ideal Technoplast's year-to-date return of 22.51% far exceeds the Sensex's 7.92%, showcasing its strong performance relative to the market. This outperformance in the short term suggests that investor sentiment towards the stock remains positive despite the recent drop in delivery volumes. The liquidity of the stock is adequate, allowing for trades without significant barriers. Overall, while the stock is currently rising, the decline in investor participation could pose a risk to its upward momentum if it continues.