Why is Moxsh Overseas falling/rising?

As of 23-Oct, Moxsh Overseas Educon Ltd's stock price is rising, currently at Rs. 56.20, reflecting an increase of Rs. 2.65 or 4.95%. The stock has recently hit a new 52-week high and has outperformed its sector by 6.17%. Additionally, it is trading above all key moving averages, indicating strong upward momentum. Over the past week, the stock has gained 21.38%, and in the last month, it has surged by 47.89%, significantly outpacing the Sensex, which has only increased by 2.87%. However, there has been a decline in investor participation, with delivery volume falling by 21.88% compared to the 5-day average, which could be a concern for future price stability.
In the broader market context, Moxsh Overseas's impressive short-term performance stands in stark contrast to the Sensex's modest gains. While the stock has shown a year-to-date increase of 38.94% compared to the Sensex's 9.50%, it is clear that Moxsh Overseas is currently attracting more investor interest relative to the overall market. This strong performance, despite the drop in delivery volume, suggests that the stock is benefiting from positive sentiment and momentum, although the decrease in participation may warrant caution moving forward.