Why is SER Industries falling/rising?

As of 30-Jun, SER Industries Ltd is experiencing a slight increase in its stock price, currently at Rs. 119.10, with a change of 0.05 (0.04%) upward. The stock has shown strong performance recently, gaining 8.27% over the past week and 26.29% over the past month, significantly outperforming the Sensex, which rose by 2.09% and 2.65% in the same periods, respectively. Additionally, the stock reached a new 52-week high of Rs. 121.43 today and has been on a consecutive gain streak for the last five days. However, there are signs of erratic trading, as the stock did not trade on one day out of the last twenty, and there has been a notable decline in investor participation, with delivery volume dropping by 99.85% against the five-day average.
In the broader market context, SER Industries' recent performance stands out against the benchmark, as it has significantly outperformed the Sensex in both the short-term and month-to-date returns. The stock's liquidity appears adequate for trading, given that it is based on 2% of the five-day average traded value. Despite the positive price movement and strong returns, the decline in delivery volume may raise concerns about investor confidence and participation, which could impact future price stability. Overall, while the stock is currently rising, the erratic trading patterns and falling investor participation could pose challenges ahead.