Why is Naapbooks falling/rising?

As of 18-Jul, Naapbooks Ltd's stock price is currently at Rs 144.90, reflecting an increase of Rs 4.9, or 3.5%. The stock has shown strong performance today, outperforming its sector by 3.6% and opening with a gain of 3.5%. It has maintained this price throughout the trading session, reaching an intraday high of Rs 144.90. Over the past week, the stock has risen by 1.40%, and over the past month, it has increased by 5.23%. Notably, Naapbooks has experienced significant growth over the past year, with a remarkable 102.66% increase, although it has seen a decline of 3.40% year-to-date. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a decrease in investor participation, with delivery volume falling by 3.85% against the 5-day average, which could suggest some caution among investors.
In the broader market context, Naapbooks' short-term performance has been favorable compared to the benchmark Sensex, which has declined by 0.90% over the past week while Naapbooks has gained 1.40%. This trend continues over the past month, where Naapbooks has outperformed the Sensex, which only increased by 0.38%. The liquidity of the stock appears adequate, as it is liquid enough for trade sizes, although the erratic trading pattern, with the stock not trading on 2 out of the last 20 days, may raise concerns. Overall, while the stock is currently rising, the falling delivery volume indicates that investor confidence may be wavering, which could impact future price movements.