Why is Seya Industries falling/rising?

As of 23-Jun, Seya Industries Ltd is experiencing a price increase, with the current price at Rs 24.17, reflecting a rise of Rs 1.15 or 5.0%. The stock has shown strong performance recently, gaining 33.54% over the past six days and outperforming its sector by 4.83% today. It opened with a gain of 4.87% and reached an intraday high of Rs 24.17. Additionally, the stock has outperformed the benchmark Sensex significantly over the past week and month, with returns of +27.21% and +55.83%, respectively. However, it is important to note that there has been a decline in investor participation, with delivery volume falling by 45.88% against the 5-day average, which may indicate a potential concern for future momentum.
In the broader market context, Seya Industries has significantly outperformed the Sensex in the short term, with a 1-week return of +27.21% compared to the Sensex's mere +0.12%. This stark contrast highlights the stock's strong performance relative to the overall market. While the stock has shown positive momentum, the falling investor participation could pose risks to sustaining this upward trend. Overall, the combination of recent gains, strong short-term performance against the benchmark, and declining delivery volume creates a complex picture for Seya Industries' stock movement.