Why is Kesar Petroprod. falling/rising?

As of 23-Sep, Kesar Petroproducts Ltd is currently priced at 32.80, reflecting an increase of 0.2, or 0.61%. The stock has shown a positive trend recently, gaining for the last three days with a total return of 1.71% during this period. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum. However, there has been a notable decline in investor participation, with delivery volume dropping by 68.82% compared to the 5-day average, which may raise concerns about the sustainability of this price increase. The stock has performed well over the past month, up 3.70%, and has an impressive year-to-date return of 13.06%, significantly outperforming the benchmark Sensex, which has only increased by 5.07% during the same period.
In the broader market context, Kesar Petroproducts Ltd has outperformed the Sensex in the short term, with a 1-week return of -1.38% compared to the benchmark's -0.34%. This suggests that while the stock has seen recent gains, it has faced some challenges relative to the market. Over the past year, Kesar Petroproducts has delivered a remarkable return of 77.68%, contrasting sharply with the Sensex's decline of 3.33%. This long-term performance indicates strong investor confidence, despite the recent drop in trading volume. Overall, the stock's upward movement is supported by its historical performance and current trading position, but the decline in investor participation could pose a risk to its continued rise.