Why is Innovators falling/rising?

As of 30-Oct, Innovators Facade Systems Ltd is experiencing a price increase, currently at 227.95, which reflects a rise of 18.75 or 8.96%. The stock has shown strong performance today, outperforming its sector by 9.14% and achieving a consecutive gain over the last two days with a total return of 9.04%. It reached an intraday high of Rs 234.6, indicating significant upward momentum. Additionally, the stock has consistently traded above its moving averages across various time frames, suggesting a bullish trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 51.92% compared to the five-day average, which may raise concerns about the sustainability of this upward movement.
In the broader market context, Innovators Facade Systems Ltd has outperformed the Sensex in the short term, with a one-week return of 6.30% compared to the benchmark's slight decline of 0.18%. Over the past month, the stock has increased by 8.81%, while the Sensex has risen by 5.15%. This relative strength indicates that investor sentiment towards Innovators is currently more favorable than the overall market. Despite the high volatility observed today, the stock's performance relative to the benchmark suggests a strong position in the market, although the drop in delivery volume could signal caution among investors moving forward.