Why is National Fitting falling/rising?

As of 10-Oct, National Fittings Ltd is experiencing a price increase, currently at Rs 203.75, reflecting a rise of Rs 13.8 or 7.27%. The stock has shown strong performance today, outperforming its sector by 6.56% and has gained 14.63% over the last two days. It opened with a gain of 3.45% and reached an intraday high of Rs 211.8, which is an increase of 11.5%. Additionally, the stock has demonstrated impressive returns over various periods, including a year-to-date increase of 50.87% and a remarkable 691.26% rise over the past five years. However, it is important to note that there has been a decline in investor participation, with delivery volume falling by 42.35% against the five-day average.
In the broader market context, National Fittings Ltd has significantly outperformed the Sensex, which has only increased by 1.59% over the past week and 5.58% year-to-date. This stark contrast highlights the stock's strong momentum relative to the benchmark. Despite the positive performance, the drop in delivery volume may indicate a potential concern regarding sustained investor interest. Overall, the combination of strong price movement, positive short-term returns, and the stock's ability to trade above its moving averages suggests a bullish sentiment, although the falling investor participation could warrant caution moving forward.