Why is Mercantile Vent. falling/rising?

As of 23-Sep, Mercantile Ventures Ltd is experiencing a price increase, currently at 31.84, with a change of 0.69, representing a 2.22% rise. The stock has outperformed its sector by 1.89% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Over the past week, the stock has gained 0.92%, and it has shown significant growth over the longer term, with a year-to-date increase of 38.37% and a remarkable 347.82% rise over the past five years. However, there has been a notable decline in investor participation, with delivery volume falling by 46.45% compared to the 5-day average, which may indicate a potential concern regarding sustained interest in the stock.
In the broader market context, Mercantile Ventures Ltd's recent performance contrasts positively with the Sensex, which has declined by 0.34% over the past week. The stock's strong returns over various periods, including a 17.75% increase over the past month and a 23.55% rise over the past year, highlight its resilience compared to the benchmark's negative performance. This divergence suggests that while the overall market may be facing challenges, Mercantile Ventures Ltd is capitalizing on its strengths, although the drop in delivery volume could signal caution among investors.