Why is Qualitek Labs falling/rising?

As of 09-Sep, Qualitek Labs Ltd is currently priced at Rs 396.00, showing no change (0.00%). The stock has demonstrated a strong performance over the past month, with a return of +30.87%, significantly outperforming the Sensex, which returned +1.56% in the same period. Additionally, Qualitek Labs is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a decline in investor participation, with delivery volume dropping by -21.32% compared to the 5-day average, which may suggest a potential concern for future trading activity. The stock is also close to its 52-week high, being only 3.03% away from Rs 408.
In the broader market context, Qualitek Labs has outperformed the Sensex over the past week, with a return of +2.04% compared to the benchmark's +1.18%. This indicates that the stock is gaining traction relative to the overall market. Despite the positive returns, the decrease in delivery volume could signal a cautionary note for investors, as reduced participation might affect liquidity and future price movements. Overall, while the stock has shown strong performance metrics, the falling investor participation could pose challenges ahead.