Why is Jainam Ferro falling/rising?

As of 27-Jun, Jainam Ferro Alloys (I) Ltd is experiencing a price increase, currently at Rs 270.00, reflecting a rise of 1.35 (0.5%). The stock has shown strong performance, with a one-year return of 85.57%, significantly outperforming the market benchmark, which has only returned 4.10%. Additionally, the stock is trading above its moving averages across various time frames, indicating a positive trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 68.75% compared to the five-day average, which could be a concern for future price stability.
In the broader market context, Jainam Ferro's short-term performance over the past week has been +1.50%, which is lower than the Sensex's return of +2.09%. Despite this, the stock's year-to-date return of 30.53% also surpasses the Sensex's 8.43%, showcasing its strong relative performance. The company's low debt-to-equity ratio suggests financial stability, which may contribute to investor confidence. Overall, while the stock is currently rising, the decrease in trading volume could indicate potential challenges ahead.