Why is Polycon Intl. falling/rising?

As of 04-Jul, Polycon International Ltd is experiencing a price increase, currently at 27.99, with a change of 0.9, representing a rise of 3.32%. The stock has shown strong performance, with a 1-week return of +8.11% compared to a decline of -0.74% in the Sensex. Over the past month, Polycon has surged by +47.55%, significantly outperforming the Sensex's +3.01%. Today's trading performance indicates that the stock has outperformed its sector by 3.46%. However, there are signs of erratic trading, as the stock did not trade on one day out of the last 20 days, and there has been a notable decrease in delivery volume, which fell by -54.1% against the 5-day average. The stock is currently trading above all key moving averages, indicating a positive trend, but the falling investor participation may raise concerns about future momentum.
In the broader market context, Polycon's recent short-term performance has been significantly better than the benchmark, as evidenced by its 1-week and 1-month returns. While the Sensex has shown a modest gain of +3.01% over the past month, Polycon's impressive +47.55% increase highlights its strong relative strength. This divergence suggests that investor sentiment towards Polycon remains positive, despite the noted decline in trading volume. Overall, while the stock is currently rising, the decrease in delivery volume and erratic trading patterns could indicate potential volatility ahead, warranting close monitoring.