Why is Radiowalla falling/rising?

As of 25-Sep, Radiowalla Network Ltd is experiencing a price increase, currently at 64.00, which reflects a change of 2.6 or 4.23% upward. The stock has shown strong performance in the short term, with a 6.58% increase over the past week and a 6.22% increase over the past month, significantly outperforming the Sensex, which has declined by 2.10% and 0.31% respectively during those periods. However, despite this positive movement, there has been a notable decline in investor participation, with delivery volume falling by 33.33% compared to the 5-day average. The stock is currently trading above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages, indicating mixed signals regarding its longer-term trend.
In the broader market context, Radiowalla's recent performance stands in stark contrast to the Sensex, which has shown negative returns over the same periods. While the stock has outperformed the sector by 5.24% today, it is important to note that it has a year-to-date decline of 43.86%, while the Sensex has gained 5.27% in the same timeframe. This divergence highlights the stock's volatility and potential challenges it faces despite recent gains. Overall, the combination of short-term positive performance and declining investor participation suggests a complex situation for Radiowalla, where short-term gains may not yet translate into sustained investor confidence.