Why is NAPS Global falling/rising?

As of 21-Aug, NAPS Global India Ltd is experiencing a price increase, currently at 45.00, reflecting a change of 0.82 or 1.86% upward. The stock has shown strong performance recently, with a notable 17.86% increase over the past week and a 9.76% rise over the last month, significantly outperforming the Sensex, which has only gained 1.74% and declined by 0.24% respectively in the same periods. Despite this positive momentum, there has been a decline in investor participation, with delivery volume falling by 13.04% against the 5-day average, indicating some caution among investors. Additionally, while the stock is currently above its 5-day, 20-day, and 50-day moving averages, it remains below the 100-day and 200-day moving averages, suggesting mixed signals regarding its longer-term trend.
Broader Market Context: In the context of the broader market, NAPS Global's recent performance stands out as it has significantly outperformed the Sensex in the short term. The stock's strong weekly return of 17.86% contrasts sharply with the Sensex's modest gain of 1.74%, highlighting its relative strength in the market. This outperformance may attract further attention from investors, although the decrease in delivery volume could temper enthusiasm. Overall, while the stock is on an upward trajectory, the decline in trading activity suggests that caution may be warranted as the market evaluates its sustainability.