Why is Restile Ceramics falling/rising?

As of 04-Jul, Restile Ceramics Ltd is experiencing a price increase, with its current price at 7.60, reflecting a change of 0.58 or 8.26% upward. The stock has shown strong performance recently, outperforming its sector by 8.18% today. It is 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 increased by 5.26%, and over the past month, it has surged by 34.28%. However, there is a notable decline in investor participation, as the delivery volume on July 3 has decreased by 45.4% compared to the 5-day average, which may raise concerns about the sustainability of this upward movement.
In the broader market context, while Restile Ceramics has shown impressive returns over various periods, including a 47.00% increase over the past year, it has underperformed the benchmark Sensex year-to-date, which has risen by 6.77%. The stock's strong short-term performance contrasts sharply with the Sensex's decline of 0.74% over the past week, highlighting its relative strength in a challenging market environment. Despite the positive price movement, the significant drop in delivery volume could suggest caution among investors, potentially impacting future performance.