Why is Sharda Cropchem falling/rising?

As of 05-Aug, Sharda Cropchem Ltd's stock price is rising, currently at Rs 1,138.90, reflecting an increase of Rs 40.85 or 3.72%. The stock has shown a strong performance over the past month, gaining 23.99%, and has significantly outperformed the Sensex, which declined by 3.26% in the same period. Today's price summary indicates that the stock is close to its 52-week high, just 3.64% away, and has reversed a trend of four consecutive days of decline. It reached an intraday high of Rs 1,145, outperforming its sector by 3.88%. However, there is a notable decrease in investor participation, with delivery volume falling by 71.66% against the 5-day average, which may indicate some caution among investors.
Broader Market Context: In the short term, Sharda Cropchem's stock has outperformed the benchmark Sensex, which has seen a slight decline of 0.77% over the past week, while Sharda's stock has decreased by 1.34%. Despite this recent dip, the stock's year-to-date performance is impressive, with a gain of 43.71% compared to the Sensex's 3.29%. The stock's strong liquidity, based on its trading volume, suggests that it remains a viable option for investors despite the recent drop in delivery volumes. Overall, while the stock is currently rising, the falling investor participation could be a factor to watch in the near future.