Why is MILGREY FIN.&INV falling/rising?

As of 28-Jul, Milgrey Finance & Investments Ltd is experiencing a price increase, currently at Rs 130.00, reflecting a rise of Rs 3.68 or 2.91%. The stock has shown strong performance today, outperforming its sector by 4.28% and opening with a gain of 2.11%. It reached an intraday high of Rs 130, although it also touched a low of Rs 121 earlier in the day. Over the past week, the stock has gained 6.51%, and it has significantly outperformed the benchmark Sensex, which has declined by 1.59%. Year-to-date, Milgrey has increased by 27.45%, while the Sensex has only risen by 3.52%. However, there has been a notable decline in investor participation, with delivery volume dropping by 50.45% compared to the 5-day average, which could indicate a potential concern for future trading activity.
Broader Market Context: The stock's recent performance contrasts sharply with the broader market, as it has shown a substantial increase over various time frames, including a remarkable 73.56% rise over the past year, while the Sensex has remained relatively flat at -0.54%. This divergence suggests that Milgrey Finance & Investments Ltd is gaining traction among investors despite a generally challenging market environment. The liquidity of the stock remains adequate for trading, which may contribute to its upward price movement, but the falling delivery volume could signal caution among investors moving forward.