Why is Interiors & More falling/rising?

As of 05-Sep, Interiors & More Ltd is experiencing a price increase, with its current price at Rs. 590.00, reflecting a rise of Rs. 7.95 or 1.37%. The stock has recently hit a new 52-week and all-time high of Rs. 597, indicating strong upward momentum. It has outperformed its sector by 1.08% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 64.74% against the 5-day average, which may indicate a potential concern for sustained interest in the stock. The positive performance is further highlighted by impressive returns over various periods, including a 78.79% increase year-to-date and a remarkable 116.28% rise over the past year.
In the broader market context, the stock's short-term performance over the past week shows a gain of 6.27%, significantly outperforming the Sensex, which has only increased by 1.29% during the same period. This strong relative performance suggests that investor sentiment towards Interiors & More Ltd remains robust compared to the overall market. Despite the drop in delivery volume, the stock's liquidity remains adequate for trading, which may help support its price in the near term. Overall, while the stock is currently rising, the decline in investor participation could be a factor to monitor moving forward.