Why is New Swan falling/rising?

As of 21-Jul, New Swan Multitech Ltd's stock price is rising, currently at Rs 74.55, reflecting an increase of Rs 3.65 or 5.15%. The stock has shown strong performance recently, with a consecutive gain over the last two days, resulting in an overall rise of 8.67%. It has outperformed its sector by 5.47% today and is trading above all key moving averages, indicating positive momentum. However, there is a notable decline in investor participation, with delivery volume dropping by 48.28% compared to the 5-day average, which could suggest a potential concern about sustained interest in the stock. Unfortunately, the Positive and Negative Dashboard data is not available for further insights.
Broader market context shows that New Swan's short-term performance has been significantly better than the benchmark, with a 1-week return of +5.37% compared to the Sensex's slight decline of -0.06%. Over the past month, New Swan has gained 11.27%, while the Sensex has decreased by 0.25%. Year-to-date, the stock has risen by 13.85%, contrasting with the Sensex's 5.20% increase, highlighting its relative strength in the current market environment. Despite a challenging one-year performance, where the stock is down 17.17%, its recent gains indicate a potential recovery phase, albeit with caution due to the falling investor participation.