Why is Rama Phosphates falling/rising?

As of 04-Jul, Rama Phosphates Ltd is experiencing a price increase, with its current price at Rs 132.35, reflecting a rise of Rs 5.3 or 4.17%. The stock has shown strong performance recently, gaining 9.38% over the last two days and outperforming its sector by 4.75% today. It opened with a gain of 5% and reached an intraday high of Rs 133.4. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a significant drop in investor participation, with delivery volume falling by 96.31% compared to the 5-day average, which may indicate a lack of sustained interest despite the recent price gains.
Broader market context shows that over the past week, Rama Phosphates has slightly underperformed the Sensex, with a return of -0.08% compared to the benchmark's -0.74%. However, over the past month, the stock has significantly outperformed the Sensex, with a return of +15.09% against the benchmark's +3.01%. Year-to-date, Rama Phosphates has also outperformed the Sensex, with a return of +37.76% compared to +6.77%. This strong relative performance in the longer term suggests that while there may be short-term fluctuations, the stock has been on a positive trajectory overall.