Why is Raj Rayon Inds. falling/rising?

As of 23-Jul, Raj Rayon Industries Ltd is experiencing a price increase, with the current price at 27.54, reflecting a change of 0.54 or 2.0% upward. The stock has shown a strong performance recently, gaining 5.92% over the last three days and outperforming its sector by 0.81% today. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, the stock has generated a remarkable return of 35.07% over the past year, significantly surpassing the market's average return of 1.79%. Positive financial results, including a substantial growth in profit before tax and profit after tax, have contributed to this upward movement.
In the broader market context, the stock's short-term return of 3.15% over the past week is notably higher than the Sensex's modest increase of 0.11%. Despite the stock's strong performance, there is a concerning decline in investor participation, with delivery volume dropping by 91.48% compared to the 5-day average. However, the liquidity remains adequate for trading, which suggests that while the stock is currently rising, the significant drop in delivery volume could indicate potential caution among investors moving forward.