Why is Readymix Cons. falling/rising?

As of 22-Sep, Readymix Construction Machinery Ltd is experiencing a price increase, currently at 158.00, which reflects a rise of 2.65 or 1.71%. The stock has shown strong performance, outperforming its sector by 2.27% today. Additionally, it has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Over the past week, the stock has gained 3.91%, and over the past month, it has surged by 33.84%, significantly outpacing the Sensex, which has only increased by 0.53% in the same timeframe. However, it is important to note that there has been a decline in investor participation, with delivery volume dropping by 52.83% against the 5-day average, which could be a concern for future trading activity.
In the broader market context, Readymix Construction Machinery Ltd's short-term performance is notably stronger than that of the Sensex, which suggests that the stock is gaining traction among investors despite the overall market conditions. The Sensex has only seen a modest increase of 0.53% over the past week, while Readymix's performance indicates a robust upward trend. The stock's liquidity remains adequate for trading, as it is based on 2% of the 5-day average traded value, allowing for trades of Rs 0.01 crore. Overall, the combination of strong recent returns and positive technical indicators supports the stock's rising price, despite the noted decrease in investor participation.