Why is Natura Hue Chem falling/rising?

As of 29-Sep, Natura Hue Chem Ltd's stock price is currently at Rs 11.30, reflecting an increase of Rs 1.88 or 19.96%. The stock has shown a significant upward movement today, gaining after two consecutive days of decline. Despite opening with a loss of 2.87%, it reached an intraday high of Rs 11.30, indicating strong recovery momentum. Over the past week, the stock has outperformed its sector by 20.61%, and its year-to-date return stands at an impressive 31.40%. However, there has been a notable decline in investor participation, with delivery volume dropping by 99.16% against the five-day average, which may raise concerns about sustainability in this upward trend.
Broader Market Context: In comparison to the Sensex, which has decreased by 2.18% over the past week, Natura Hue Chem's 16.49% gain highlights its strong performance relative to the broader market. The stock's volatility today, with an intraday fluctuation of 10.46%, suggests active trading interest despite the drop in delivery volume. Furthermore, the stock is trading above all its moving averages, indicating a bullish trend. Overall, while the stock is rising significantly, the falling investor participation could pose a risk to its continued upward trajectory.