Why is IEL falling/rising?

As of 10-Sep, IEL Ltd's stock price is currently at 5.99, reflecting an increase of 0.09 or 1.53%. The stock has shown a positive trend today, having outperformed its sector by 1.92% and reversing a decline after two consecutive days of falling prices. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum. However, there has been a significant drop in investor participation, with delivery volume falling by 85.09% compared to the 5-day average. Despite this decline in participation, the stock has demonstrated impressive returns over various periods, including a 27.72% increase over the past month and a remarkable 1558.10% rise over the last five years.
In the broader market context, IEL Ltd has outperformed the Sensex benchmark in the short term, with a 1-week return of 2.92% compared to the Sensex's 1.06%. This indicates that while the stock is experiencing a positive movement, it is doing so in a market environment that is also showing gains, albeit at a slower pace. The year-to-date performance of IEL at 34.14% significantly surpasses the Sensex's 4.21%, further highlighting the stock's strength relative to the broader market. Overall, while the stock is rising, the decline in investor participation could be a point of concern for future performance.