Why is Maan Aluminium falling/rising?

As of 17-Nov, Maan Aluminium Ltd's stock price is rising, currently at Rs 143.00, reflecting an increase of Rs 9.3 or 6.96%. The stock opened with a gain of 2.39% today and reached an intraday high of Rs 144.7, indicating strong performance. Over the past week, the stock has outperformed the sector by 6.7%, and it has shown positive returns of 3.17% over the last week and 8.75% over the last month. Additionally, Maan Aluminium has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bullish trend. However, there has been a notable decline in investor participation, with delivery volume falling by 56.13% against the 5-day average, which could indicate a potential concern for sustained momentum.
Broader Market Context: In comparison to the benchmark Sensex, Maan Aluminium's short-term performance has been significantly stronger, with a 1-week return of 3.17% compared to the Sensex's 1.69%. This trend continues over the past month, where Maan Aluminium has returned 8.75% against the Sensex's 1.19%. Year-to-date, the stock has outperformed the benchmark as well, with a return of 13.27% compared to the Sensex's 8.72%. This strong relative performance suggests that while the stock is currently experiencing a rise, the decline in investor participation may warrant close monitoring to ensure that the upward trend can be maintained.