Why is Resonance Speci. falling/rising?

As of 22-Sep, Resonance Specialities Ltd is currently priced at 103.50, reflecting a slight increase of 0.5 (0.49%). The stock has shown positive momentum, gaining for the last three days with a total return of 1.57% during this period. It has outperformed its sector by 1.32% today. Over the past week, the stock has risen by 1.42%, and it has also posted a 2.78% increase over the last month. However, it is important to note that there has been a decline in investor participation, with delivery volume falling by 11.93% against the 5-day average, which may indicate a potential concern for future trading activity.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by 0.46% over the past week, Resonance Specialities Ltd has outperformed this index. The stock's year-to-date performance stands at a gain of 6.59%, surpassing the Sensex's 5.15% increase. Despite the recent positive trends, the stock's longer-term performance shows a decline of 34.76% over the past three years, contrasting sharply with the Sensex's gain of 38.97% during the same period. This mixed performance suggests that while the stock is currently experiencing a rise, its historical volatility and recent drop in investor participation could pose challenges ahead.