Why is Interiors & More falling/rising?

As of 17-Sep, Interiors & More Ltd is experiencing a slight increase in its stock price, currently at Rs. 619.80, reflecting a change of 1.8, or 0.29%. The stock has reached a new 52-week and all-time high today, indicating strong performance. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a positive trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 68.75% compared to the 5-day average. Despite this, the stock has shown impressive returns over various periods, including a 23.96% increase over the past month and an 87.82% rise year-to-date, significantly outperforming the Sensex, which has only risen by 7.13% in the same timeframe.
In the broader market context, the stock's short-term performance of 2.51% over the past week surpasses the Sensex's increase of 1.43%, indicating that it is gaining traction relative to the market. The strong year-to-date performance of 87.82% compared to the Sensex's 7.13% further highlights the stock's robust position. While the decline in delivery volume may raise concerns about investor engagement, the overall upward trend in price and the achievement of new highs suggest that the stock remains attractive to investors despite the recent drop in participation.