Why is Macfos falling/rising?

As of 14-Nov, Macfos Ltd's stock price is currently at Rs 850.00, reflecting an increase of Rs 26.8 or 3.26%. The stock has been on an upward trend, gaining for the last six consecutive days and achieving a total return of 8.81% during this period. It opened today with a gain of 2.03% and reached an intraday high of Rs 850.05. Additionally, Macfos is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong short-term momentum. However, there has been a notable decline in investor participation, with delivery volume dropping by 73.03% compared to the 5-day average, which could suggest a potential concern regarding sustained interest in the stock.
Broader market context shows that Macfos has outperformed the benchmark Sensex in the short term, with a 1-week return of 8.49% compared to the Sensex's 1.62%. Over the past month, Macfos has also outperformed the benchmark, gaining 12.14% against the Sensex's 3.09%. Despite these positive short-term movements, the stock has experienced significant declines year-to-date, down 36.60%, while the Sensex has risen by 8.22%. This contrast highlights the stock's recent recovery against a backdrop of longer-term underperformance relative to the broader market.