Why is Mercantile Vent. falling/rising?

As of 19-Sep, Mercantile Ventures Ltd is experiencing a price increase, currently at 32.30, with a change of 0.33, reflecting a rise of 1.03%. The stock has outperformed its sector today by 1.18% and has shown a consecutive gain over the last two days, accumulating a total return of 4.19% during this period. Additionally, the stock has demonstrated strong performance over various time frames, with a year-to-date increase of 40.37% and a five-year return of 330.67%. However, it is important to note that there has been a decline in investor participation, as evidenced by a 37.66% drop in delivery volume compared to the five-day average, which may indicate some caution among investors.
In the broader market context, Mercantile Ventures Ltd's short-term performance of 0.94% over the past week surpasses the Sensex's return of 0.88%, suggesting that the stock is maintaining a favorable position relative to the benchmark. Over the past month, the stock's impressive return of 17.84% also significantly outpaces the Sensex's modest gain of 1.20%. This strong performance, coupled with the stock trading above its moving averages, indicates a bullish sentiment despite the recent decline in trading volume, which could be a factor to monitor moving forward.