Why is Meson Valves Ind falling/rising?

As of 22-Jul, Meson Valves India Ltd is experiencing a price increase, with its current price at Rs 396.25, reflecting a rise of Rs 16.35 or 4.3%. The stock has shown a strong performance today, outperforming its sector by 4.53% and achieving consecutive gains over the last four days, resulting in a total increase of 9.9% during this period. Despite a year-to-date decline of 31.18% and a significant drop of 65.84% over the past year, the stock's recent upward movement is notable. However, it is important to mention that there is a decrease in investor participation, with delivery volume falling by 39.1% compared to the five-day average, which could indicate a potential concern for sustained momentum.
In the broader market context, the stock's short-term return of 9.16% over the past week stands in stark contrast to the Sensex, which has declined by 0.47% during the same period. This indicates that Meson Valves India Ltd is not only recovering but also gaining traction relative to the broader market. However, the stock's performance over the last month shows a decline of 2.78%, while the Sensex has only slightly decreased by 0.27%, suggesting that the stock's recent gains may not yet reflect a longer-term recovery trend. Overall, while the stock is currently rising, its historical performance and declining investor participation may warrant caution.