Why is Restile Ceramics falling/rising?

As of 23-Oct, Restile Ceramics Ltd is experiencing a rise in its stock price, currently at 8.93, with a change of 0.29, representing a 3.36% increase. The stock has outperformed its sector by 2.8% today and has shown a consecutive gain over the last two days, accumulating a total return of 8.51% during this period. Despite a slight decline of 1.00% over the past month, the stock has performed well year-to-date with a return of 15.52% and a notable increase of 19.07% over the past year. However, there has been a significant drop in investor participation, with delivery volume falling by 88% compared to the 5-day average, indicating a potential concern regarding trading activity.
In the broader market context, Restile Ceramics has outperformed the Sensex in the short term, with a weekly return of 10.11% compared to the Sensex's 1.30%. This strong performance relative to the benchmark suggests that the stock is gaining traction among investors despite the recent decline in delivery volumes. The stock's current price is above its 5-day, 20-day, 100-day, and 200-day moving averages, although it remains below the 50-day moving average, indicating mixed signals regarding its momentum. Overall, while the stock is rising, the falling investor participation could pose a risk to its continued upward trajectory.