Why is Naman In-Store falling/rising?

As of 10-Jun, Naman In-Store (India) Ltd is experiencing a price increase, currently at 115.25, reflecting a rise of 5.45 or 4.96%. The stock has shown strong performance recently, with a 1-week return of +27.42% and a 1-month return of +26.37%, significantly outperforming the Sensex, which posted increases of only +2.29% and +4.57% respectively during the same periods. However, despite this positive momentum, there is a notable decline in investor participation, as evidenced by a 43.9% drop in delivery volume compared to the 5-day average, which may raise concerns about the sustainability of the current price increase. Additionally, while the stock is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, it remains below the 200-day moving average, indicating mixed signals regarding its long-term trend.
In the broader market context, Naman In-Store's recent strong short-term performance contrasts sharply with its year-to-date return of -17.21%, while the Sensex has gained 6.17% during the same period. This disparity highlights the stock's volatility and potential recovery phase, as it has outperformed the benchmark significantly in the short term but still lags behind in the longer term. The liquidity of the stock remains adequate for trading, as it is based on 2% of the 5-day average traded value, which suggests that while there are some positive movements, the overall market sentiment may still be cautious given the falling investor participation.