Why is Pashupati Cotsp. falling/rising?

As of 29-Oct, Pashupati Cotspin Ltd is experiencing a price increase, with the current price at Rs. 805.00, reflecting a change of 6.15 (0.77%) upward. The stock has been on a positive trajectory, gaining for the last seven days and achieving an impressive return of 8.76% during this period. It has also reached a new 52-week and all-time high today. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. However, there has been a notable decline in investor participation, with delivery volume falling by 28.48% against the 5-day average, which could suggest a potential concern for future trading activity.
In the broader market context, Pashupati Cotspin Ltd's performance over the past week shows a return of 3.60%, significantly outperforming the Sensex, which only increased by 0.68%. Over the past month, the stock has risen by 14.27%, compared to the Sensex's 5.76% gain, further highlighting its strong relative performance. Despite the positive price movement, the decrease in delivery volume may indicate caution among investors, which could affect future price stability. Overall, while the stock is currently rising, the falling investor participation could pose challenges ahead.