Why is RNFI Services falling/rising?

As of 09-Jun, RNFI Services Ltd is experiencing a price increase, currently at 264.20, which reflects a rise of 16.65 or 6.73%. The stock has shown strong performance, outperforming its sector by 4.78% 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 gained 13.46%, and over the past month, it has risen by 21.14%, significantly outpacing the Sensex, which has only increased by 1.56% and 4.56% in the same periods, respectively. However, there has been a decline in investor participation, with delivery volume falling by 19.77% against the 5-day average, which could be a concern for future momentum.
In the broader market context, RNFI Services' strong year-to-date return of 50.71% compared to the Sensex's 6.17% illustrates its robust performance relative to the overall market. This outperformance in both short-term and year-to-date metrics suggests that investor sentiment remains positive despite the recent drop in delivery volume. The liquidity of the stock is adequate for trading, which supports its current price movement. Overall, while the stock is rising, the decline in investor participation may warrant monitoring to ensure sustained interest in the stock.