Why is Royal Arc Ele. falling/rising?

As of 24-Sep, Royal Arc Electrodes Ltd is experiencing a price increase, with its current price at 173.00, reflecting a rise of 13.0 or 8.12%. The stock has outperformed its sector by 8.23% today, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, there has been a significant decline in investor participation, with delivery volume dropping by 84.85% against the 5-day average, which may suggest a decrease in buying interest. Unfortunately, there is no information available regarding positive or negative factors that could further clarify the stock's recent movement.
In the broader market context, Royal Arc Electrodes Ltd has shown a strong short-term performance, with a 1-week return of 8.67%, contrasting sharply with the Sensex, which has declined by 1.08% during the same period. Over the past month, the stock has increased by 10.19%, while the Sensex has only risen by 0.75%. This indicates that Royal Arc Electrodes Ltd is not only performing well on its own but is also gaining traction relative to the broader market, despite the noted drop in investor participation.