Why is Indobell Insul. falling/rising?

As of 24-Jul, Indobell Insulations Ltd's stock price is currently at Rs 143.00, reflecting an increase of Rs 3.05 or 2.18%. The stock has shown a positive trend recently, gaining 5.22% over the last two days and outperforming its sector by 2.74% today. It has also performed well over the past month with a return of 10.98%. However, despite these gains, there has been a notable decline in investor participation, with delivery volume dropping by 57.94% compared to the 5-day average, which could indicate a potential concern for future price stability.
In the broader market context, the stock's short-term performance contrasts with the benchmark Sensex, which has only seen a slight decline of 0.09% over the past week. While Indobell Insulations Ltd has outperformed the benchmark in the last month, the overall market sentiment appears to be relatively flat. The stock is currently trading above its longer-term moving averages, suggesting a bullish trend, but the falling delivery volume may raise questions about the sustainability of this upward movement.