Why is Polysil Irrigati falling/rising?

As of 22-Sep, Polysil Irrigation Systems Ltd is experiencing a price increase, with its current price at 227.05, reflecting a rise of 4.45 or 2.0%. The stock has shown remarkable performance, with a staggering year-to-date return of 719.68% and a one-year return of 637.18%, significantly outperforming the Sensex, which has only increased by 6.59% and declined by 2.28% over the same period. However, despite this impressive growth, there are signs of falling investor participation, as the delivery volume has plummeted by 99.08% compared to the 5-day average, indicating a potential concern for future trading activity. The stock is currently trading above its 5-day moving averages but below its longer-term moving averages, suggesting mixed signals regarding its momentum.
In the broader market context, Polysil's short-term performance has significantly outpaced the Sensex, with a weekly return of 83.70% compared to the benchmark's modest increase of 0.53%. This stark contrast highlights the stock's strong upward trajectory relative to the overall market. However, the decline in investor participation could pose challenges ahead, as liquidity remains adequate for trading, but the sharp drop in delivery volume may indicate a lack of sustained interest from investors. Overall, while the stock is currently rising, the combination of high returns and decreasing participation warrants close monitoring for potential shifts in momentum.