Why is Purple United falling/rising?

As of 16-Sep, Purple United Sales Ltd is currently priced at 450.00, reflecting an increase of 2.0, or 0.45%. Despite this uptick, the stock has underperformed its sector by 0.57% today. The stock's performance over the past week shows a decline of 8.16%, while it has seen a significant increase of 33.95% over the past month and an impressive 134.68% year-to-date. However, there has been a notable drop in investor participation, with delivery volume falling by 79.59% against the 5-day average, indicating reduced trading activity. The stock remains liquid enough for trades of Rs 0.02 crore, and it is currently trading above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is below its 5-day moving average.
In the broader market context, the Sensex has increased by 1.49% over the past week and 2.47% over the past month, indicating that while Purple United has experienced substantial gains in the longer term, it has struggled in the short term compared to the benchmark. The stock's recent decline in investor participation and its underperformance today suggest that market sentiment may be cautious despite its strong year-to-date performance. Overall, while the stock has shown remarkable growth over the longer term, the recent short-term trends and reduced trading volume may be contributing to a more tempered outlook.