Why is Laxmi Dental falling/rising?

As of 09-Jul, Laxmi Dental Ltd's stock price is currently at Rs 437.10, reflecting an increase of Rs 11.5 or 2.7%. The stock has shown a positive trend recently, gaining 4.17% over the last two days and outperforming its sector by 2.24% today. Despite opening lower with a loss of 3.68%, it reached an intraday high of Rs 437.75. The stock has also demonstrated strong performance over the past week and month, with returns of 2.97% and 7.89%, respectively. However, there has been a notable decline in investor participation, with delivery volume falling by 44.01% against the 5-day average, which could indicate a potential concern for sustained upward momentum.
Broader market context shows that while Laxmi Dental has outperformed the Sensex in the short term, with a 1-week return of 2.97% compared to the Sensex's 0.15%, the overall market has been relatively stable. The stock is trading above all its moving averages, suggesting a bullish trend, yet the drop in delivery volume may raise questions about the strength of this rally. The lack of available positive or negative factors further complicates the assessment of the stock's future movements, leaving investors to consider the implications of reduced trading activity alongside recent gains.