Why is Maiden Forgings falling/rising?

As of 07-Aug, Maiden Forgings Ltd is experiencing a price increase, with the current price at Rs 82.40, reflecting a rise of Rs 2.55 or 3.19%. The stock has outperformed its sector by 2.93% today and opened with a gain of 3.19%. It has maintained this price level throughout the trading session, reaching an intraday high of Rs 82.40. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a notable decline in investor participation, with delivery volume dropping by 42.86% compared to the 5-day average, indicating a potential concern regarding sustained interest in the stock.
In the broader market context, Maiden Forgings has shown a positive return of 0.49% over the past week, while the benchmark Sensex has declined by 0.69%. Over the past month, the stock has increased by 1.73%, contrasting with a 3.38% drop in the Sensex. Year-to-date, Maiden Forgings has outperformed the benchmark with a return of 5.99% compared to the Sensex's 3.18%. Despite the recent positive price movement, the overall year-on-year performance of the stock is down by 12.34%, while the Sensex has gained 1.45%. This suggests that while the stock is currently rising, it has faced significant challenges over the longer term.