Why is Milestone Furn. falling/rising?

As of 18-Sep, Milestone Furniture Ltd's stock price is currently at Rs. 14.16, reflecting an increase of Rs. 0.27 or 1.94%. The stock has reached a new 52-week high today and has been on a positive trajectory, gaining for the last six days with a total return of 12.38% during this period. Additionally, the stock has significantly outperformed its sector by 2.36%. Over the past week, it has shown a remarkable return of 10.19%, and year-to-date, it has surged by 119.53%. However, there is a noted decline in investor participation, with delivery volume dropping by 68.47% compared to the five-day average, which may indicate a potential concern for future liquidity.
In the broader market context, Milestone Furniture's short-term performance has outpaced the Sensex, which has only risen by 1.80% over the same week. This strong performance relative to the benchmark suggests that investor sentiment towards Milestone Furniture remains robust despite the drop in delivery volumes. The stock's consistent trading above its moving averages further supports its upward momentum, indicating positive market sentiment. Overall, while the stock is experiencing a rise, the decline in investor participation could be a factor to monitor moving forward.