Why is New Swan falling/rising?

As of 05-Aug, New Swan Multitech Ltd's stock price is currently at Rs 73.10, reflecting an increase of Rs 1.3 or 1.81%. The stock has shown strong performance today, outperforming its sector by 1.73% and reaching an intraday high of Rs 74, which is a 3.06% increase. Over the past week, the stock has gained 0.14%, and in the last month, it has risen by 6.40%, contrasting with a decline in the Sensex of 0.77% and 3.26%, respectively. However, there has been a notable decrease in investor participation, with delivery volume dropping by 50% compared to the 5-day average, which may indicate a potential concern for future trading activity.
Broader Market Context: In the context of the broader market, New Swan's recent performance has been favorable compared to the Sensex, particularly in the short term, where it has outperformed the benchmark over the past week and month. While the stock has a year-to-date return of 11.64%, the Sensex has only increased by 3.29% during the same period, highlighting the stock's relative strength. Despite the positive price movement, the significant drop in delivery volume suggests that while the stock is currently rising, there may be underlying issues with liquidity and investor confidence that could affect its future performance.