Why is Mauria Udyog falling/rising?

As of 28-Aug, Mauria Udyog Ltd's stock price is currently at Rs 20.24, reflecting an increase of Rs 0.66 or 3.37%. The stock is trading close to its 52-week high, just 0.79% away from Rs 20.4, and has outperformed its sector by 3.79% today. Over the past week, the stock has risen by 2.22%, and it has shown impressive growth over the last month with a return of 21.27%. The company reported a significant net profit growth of 51.83% in its latest quarterly results, with net sales increasing by 30.9%. Additionally, the stock is trading above all key moving averages, indicating strong momentum. However, there is a noted decline in investor participation, with delivery volume falling by 56.42% against the 5-day average.
In the broader market context, while Mauria Udyog has shown a remarkable year-to-date return of 68.67%, the benchmark Sensex has only increased by 2.48% during the same period. This stark contrast highlights the stock's strong performance relative to the market. Despite the recent positive momentum, the decline in delivery volume may raise concerns about sustained interest from investors. Nonetheless, the company's solid financial performance and fair valuation compared to peers suggest that the stock remains attractive, contributing to its upward price movement.