Why is Malpani Pipes falling/rising?

As of 10-Sep, Malpani Pipes & Fittings Ltd is currently priced at 79.50, reflecting an increase of 0.35, or 0.44%. The stock has shown a positive performance today, outperforming its sector by 1.02%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, there has been a significant decline in investor participation, with delivery volume dropping by 85.92% compared to the 5-day average. The stock's performance over the past week has been modest, with a return of 0.06%, while it has gained 5.44% over the past month, suggesting a relatively stable upward trajectory despite the drop in trading volume.
In the broader market context, the Sensex has increased by 1.06% over the past week and 1.96% over the past month, indicating that while Malpani Pipes has performed well in the short term, it has lagged behind the benchmark in the last week. The year-to-date performance of the Sensex shows a gain of 4.21%, which suggests a generally positive market environment. Despite the stock's recent gains, the significant drop in delivery volume may raise concerns about future momentum, especially as the broader market continues to show strength.