Why is Oriental Aromat. falling/rising?

As of 24-Oct, Oriental Aromatics Ltd is experiencing a price increase, currently at Rs 358.20, which reflects a rise of Rs 13.2 or 3.83%. The stock has shown strong performance recently, gaining 6.09% over the past week and outperforming its sector by 3.93% today. It has been on a consecutive gain streak for the last four days, with an intraday high of Rs 366.9. However, despite this positive momentum, there has been a notable decline in investor participation, with delivery volume dropping by 46.03% compared to the 5-day average. The stock is trading above its moving averages across various time frames, indicating a bullish trend, although the absence of specific positive or negative factors in the dashboard limits further insights into the underlying reasons for the stock's movement.
Broader market context shows that while Oriental Aromatics has outperformed the Sensex in the short term, with a 1-week return of 6.09% compared to the Sensex's 0.31%, its year-to-date performance remains concerning, with a decline of 12.63% against the Sensex's gain of 7.77%. This disparity highlights the stock's volatility and potential challenges in maintaining its upward trajectory amidst broader market trends. The stock's liquidity appears sufficient for trading, but the significant drop in delivery volume may indicate caution among investors, which could impact future price movements.