Why is SER Industries falling/rising?

As of 09-Oct, SER Industries Ltd is experiencing a price increase, with the current price at 350.05, reflecting a rise of 6.85 or 2.0%. The stock has shown strong performance, gaining 51.31% over the past month and outperforming its sector by 1.67% today. It has reached a new 52-week and all-time high of Rs. 350.05, and has been on a consecutive gain streak for the last 21 days. However, there is a notable decline in investor participation, with delivery volume dropping by 99.34% compared to the 5-day average, which may raise concerns about the sustainability of this upward trend.
Broader Market Context: In the context of the broader market, SER Industries has significantly outperformed the Sensex, which has only increased by 1.47% over the past week. The stock's strong performance relative to the benchmark indicates robust investor interest, despite the recent drop in delivery volume. This suggests that while the stock is currently rising, the reduced participation could pose risks if it continues, potentially impacting future price movements.