Why is Modern Threads falling/rising?

As of 28-Jul, Modern Threads (I) Ltd is experiencing a price increase, currently at Rs 53.00, reflecting a rise of 2.5 (4.95%). The stock has shown strong performance recently, with a 1-week return of +13.13% and a 1-month return of +15.54%, significantly outperforming the Sensex, which has declined by -1.59% and -3.77% respectively over the same periods. Today's trading saw the stock open with a gain of 2% and reach an intraday high of Rs 53.02. Despite this positive movement, there has been a notable decrease in investor participation, with delivery volume falling by -28.73% against the 5-day average, which may indicate some caution among investors. The stock is currently trading above all key moving averages, suggesting a bullish trend. In the broader market context, Modern Threads has outperformed the benchmark Sensex significantly in the short term, with a 1-week return that is over 14% higher than the benchmark's performance. While the stock has shown resilience and positive momentum, the overall market sentiment appears to be less favorable, as indicated by the Sensex's decline. This divergence highlights the stock's strength relative to the market, although the drop in investor participation could pose a risk to sustaining this upward trend.