Why is Ramdevbaba Sol. falling/rising?

As of 15-Jul, Ramdevbaba Solvent Ltd's stock price is currently at 128.75, reflecting an increase of 6.35, or 5.19%. The stock has shown strong performance recently, with a 7.25% increase over the past week and a 14.09% rise over the past month, significantly outperforming the Sensex, which has declined by 1.28% in the same week and increased by only 1.93% over the month. Additionally, the stock 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 notable decline in investor participation, with delivery volume dropping by 35% compared to the 5-day average, suggesting a potential concern regarding sustained interest in the stock.
In the broader market context, while Ramdevbaba Solvent Ltd has outperformed the Sensex in the short term, it has underperformed year-to-date with a decline of 8.69% compared to the Sensex's gain of 6.56%. This contrast highlights the stock's volatility and the challenges it faces despite recent gains. The liquidity of the stock remains adequate, allowing for trades of small sizes, which may help maintain some level of investor confidence. Overall, while the stock is experiencing a rise in price, the falling investor participation could pose a risk to its continued upward momentum.