Why is Rajasthan Cylind falling/rising?

As of 23-Jun, Rajasthan Cylinders & Containers Ltd is experiencing a price increase, currently at Rs 44.99, reflecting a rise of Rs 3.1 or 7.4%. The stock has shown strong performance today, outperforming its sector by 6.33% and achieving a consecutive gain over the last two days with a total return of 7.63%. It opened with a gain of 2.65% and reached an intraday high of Rs 46.9, marking an increase of 11.96%. Additionally, the stock has been 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 significant decline in investor participation, with delivery volume dropping by 84.01% against the 5-day average, which could be a concern for future price stability.
Broader Market Context: In the context of market performance, Rajasthan Cylinders has outperformed the Sensex over the past week, with a return of 3.16% compared to the benchmark's 0.12%. Year-to-date, the stock has also shown a stronger performance than the Sensex, with a return of 5.39% against the index's 4.81%. This suggests that while the stock is currently rising, it is doing so in a favorable market environment, although the drop in delivery volume may indicate potential caution among investors.