Why is Milestone Furn. falling/rising?

As of 17-Oct, Milestone Furniture Ltd is experiencing a price increase, with its current price at Rs. 16.83, reflecting a rise of 0.8 or 4.99%. The stock has recently hit a new 52-week high today and has been on a positive trajectory, gaining for the last four days with a total return of 21.43% during this period. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. However, there has been a notable decline in investor participation, with delivery volume dropping by 61.54% compared to the 5-day average, which could suggest a potential concern regarding sustained interest in the stock.
In the broader market context, Milestone Furniture's performance over the past week has significantly outpaced the Sensex, with a return of 21.34% compared to the benchmark's 1.76%. Year-to-date, the stock has also shown remarkable strength, with a return of 160.93% against the Sensex's 7.44%. This strong performance relative to the benchmark highlights the stock's robust appeal among investors, despite the recent drop in delivery volumes. Overall, while the stock is currently rising, the decline in investor participation may warrant attention as it could impact future price movements.