Why is Paradeep Pari. falling/rising?

As of 12-Sep, Paradeep Parivahan Ltd is experiencing a price increase, currently at Rs 136.00, reflecting a rise of Rs 5.9 or 4.53%. The stock has shown strong performance recently, gaining 7.94% over the past week and 11.75% over the past month, significantly outperforming the Sensex, which has only increased by 1.48% and 2.08% in the same periods, respectively. Today, the stock opened with a gain of 2.96% and reached an intraday high of Rs 137.5. However, it is important to note that there has been a decline in investor participation, with delivery volume dropping by 43.4% compared to the 5-day average, which may indicate some caution among investors despite the positive price movement.
In the broader market context, Paradeep Parivahan Ltd's recent gains stand in stark contrast to the Sensex's modest performance, highlighting the stock's strength in a relatively stable market environment. The stock has been consistently trading above its moving averages across various time frames, suggesting a bullish trend. However, the falling investor participation could be a concern for future price stability, as lower trading volumes may lead to increased volatility. Overall, while the stock is currently rising, the decrease in delivery volume may warrant close monitoring as it could impact future performance.