Why is Kandarp Digi falling/rising?

As of 17-Sep, Kandarp Digi Smart BPO Ltd is experiencing a price increase, with its current price at 119.45, reflecting a rise of 1.1 or 0.93%. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, there has been a notable decline in investor participation, as the delivery volume on 16 September fell by 45.09% compared to the 5-day average. Despite this drop in participation, the stock has shown impressive returns over various periods, including a 29.20% increase over the past month and a remarkable 145.28% year-to-date gain.
In the broader market context, Kandarp Digi's performance significantly outpaces the benchmark Sensex, which has only increased by 1.43% over the past week and 2.84% over the past month. The stock's year-to-date return of 145.28% contrasts sharply with the Sensex's 7.13% gain, highlighting its strong relative performance. This suggests that while the stock is currently rising, the decline in delivery volume may warrant attention, as it could indicate potential volatility or reduced interest from investors in the near future.