Why is Mega Flex Plast. falling/rising?

As of 25-Jul, Mega Flex Plastics Ltd is experiencing a price increase, currently at 64.65, reflecting a change of 2.05 or 3.27%. The stock has shown strong performance, with a 1-week return of +6.07% and a 1-month return of +23.14%, significantly outperforming the Sensex, which has seen declines of -0.53% and -1.62% respectively over the same periods. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a notable decrease in investor participation, with delivery volume falling by -54.55% against the 5-day average, which could suggest a potential concern regarding sustained interest in the stock.
In the broader market context, Mega Flex Plastics Ltd's strong short-term performance contrasts sharply with the Sensex, which has not only declined in the short term but also underperformed on a year-to-date basis, with the stock up +22.21% compared to the Sensex's +5.04%. This divergence indicates that investor sentiment towards Mega Flex Plastics is more favorable than the overall market. Despite the drop in delivery volume, the stock's liquidity remains adequate for trading, suggesting that while there may be some caution among investors, the overall momentum and positive returns are driving the stock's price upward.