Why is P S Raj Steels falling/rising?

As of 21-Jul, P S Raj Steels Ltd is currently priced at Rs 162.30, reflecting a slight increase of 0.3 or 0.19%. The stock has shown a positive performance over the past week, rising by 5.05%, while it has also outperformed the benchmark Sensex, which only increased by 0.03%. However, despite this upward trend, the stock has underperformed its sector by 0.73% today. Additionally, it is trading above all its moving averages, indicating a generally positive momentum. Notably, there has been a significant decline in investor participation, with delivery volume dropping by 76.74% against the 5-day average, which could be a concern for future price stability.
Broader Market Context: In the short term, P S Raj Steels has outperformed the Sensex, which suggests that the stock is gaining traction relative to the broader market. However, the overall market sentiment appears mixed, as the Sensex has shown a slight decline over the past month, down by 0.09%. This context, combined with the falling investor participation, may indicate that while the stock is currently rising, there could be underlying pressures that might affect its performance moving forward.