Why is Readymix Cons. falling/rising?

As of 17-Jul, Readymix Construction Machinery Ltd is experiencing a price increase, currently at 117.80, which reflects a rise of 2.3 or 1.99%. The stock has shown strong performance today, outperforming its sector by 6.34%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there is a notable decline in investor participation, with delivery volume dropping by 73.48% compared to the 5-day average, which could signal a potential concern for future trading activity. The stock's performance over the past month has been impressive, with a return of 24.85%, contrasting with a modest 1.04% gain in the Sensex.
In the broader market context, while Readymix Construction Machinery Ltd has outperformed the benchmark in the short term, it has faced a decline of 5.23% over the past week, while the Sensex has only decreased by 0.96%. This suggests that despite the recent uptick in price, the stock has been under pressure in the short term compared to the overall market. The significant rise over the past month indicates strong investor interest, but the drop in delivery volume raises questions about sustainability. Overall, the stock's recent performance reflects a mix of positive momentum and caution due to declining participation.