Why is Paradeep Pari. falling/rising?

As of 19-Sep, Paradeep Parivahan Ltd's stock price is currently at Rs. 142.50, reflecting an increase of Rs. 3.5 or 2.52%. The stock has shown strong performance recently, gaining 5.56% over the last three days and outperforming its sector by 3.18% today. It reached a new 52-week high of Rs. 146.5 during intraday trading, indicating positive momentum. However, there has been a notable decline in investor participation, with delivery volume falling by 31.19% against the five-day average, which could be a concern for sustained growth.
Broader market context shows that Paradeep Parivahan Ltd has outperformed the Sensex in the short term, with a 4.78% gain over the past week compared to the benchmark's 0.88%. Over the last month, the stock has risen by 8.78%, while the Sensex has only increased by 1.20%. This indicates that the stock is performing well relative to the broader market, despite the drop in delivery volume suggesting a potential caution among investors. Overall, the combination of strong recent gains and a new high reflects positive sentiment, although the decrease in trading volume may warrant attention moving forward.