Why is Jaihind Synth falling/rising?

As of 29-Aug, Jaihind Synthetics Ltd is experiencing a slight increase in its stock price, currently at 62.50, reflecting a change of 0.3 or 0.48% upward. The stock has shown strong performance over the longer term, with a year-to-date increase of 30.21% and a remarkable 122.18% rise over the past year. However, today's trading activity indicates a decline in investor participation, with delivery volume dropping by 93% compared to the 5-day average. Despite being above the 5-day, 50-day, 100-day, and 200-day moving averages, it remains below the 20-day moving average, suggesting mixed signals in the stock's momentum.
In the broader market context, Jaihind Synthetics has outperformed the Sensex significantly over various periods, including a 2.22% increase over the past week compared to a 1.84% decline in the benchmark index. This indicates that while the stock is rising, the overall market sentiment may be negative, as reflected in the Sensex's performance. The liquidity of the stock remains adequate for trading, but the substantial drop in delivery volume could signal caution among investors, potentially impacting future price movements.