Why is Shreenath Paper falling/rising?

As of 07-Aug, Shreenath Paper Products Ltd is experiencing a price increase, with its current price at Rs 23.15, reflecting a rise of 1.1 or 4.99%. The stock has been on an upward trend, gaining for the last three days and achieving a total return of 15.75% during this period. It opened today with a gain of 4.99% and reached an intraday high of Rs 23.15. However, despite this positive movement, there has been a notable decline in investor participation, with delivery volume falling by 70.15% compared to the 5-day average, indicating a potential concern regarding sustained interest in the stock. The stock is currently trading above its 5-day, 50-day, 100-day, and 200-day moving averages, but below its 20-day moving average, which may suggest mixed signals regarding its momentum.
In the broader market context, Shreenath Paper has outperformed the benchmark Sensex, which has declined by 0.69% over the past week while the stock itself has risen by 10.24%. This indicates that the stock's recent performance is strong relative to the overall market trend. Over the past month, however, the stock has underperformed with a decline of 11.00%, compared to the Sensex's drop of 3.38%. The current liquidity of the stock is adequate for trading, as it is based on 2% of the 5-day average traded value, suggesting that while the stock is currently rising, the overall market conditions and reduced investor participation could pose challenges for its future performance.