Why is Shri Ahimsa falling/rising?

As of 12-Sep, Shri Ahimsa Naturals Ltd is experiencing a price increase, currently at Rs 233.50, which reflects a rise of Rs 11.5 or 5.18%. The stock has shown strong performance, with a 7.60% increase over the past week and a notable 22.25% rise over the last month, significantly outperforming the Sensex, which has only increased by 1.51% and 2.56% in the same periods, respectively. Additionally, the stock is trading above all its moving averages, indicating a bullish trend. However, there has been a decline in investor participation, with delivery volume dropping by 30.77% compared to the 5-day average, which may raise concerns about sustained interest in the stock.
Broader Market Context: The stock's recent performance is particularly impressive when compared to the broader market, as it has outperformed the Sensex significantly in both the short-term and month-to-date returns. While the Sensex has shown modest gains, Shri Ahimsa's strong upward movement suggests positive sentiment among investors, despite the noted decrease in delivery volume. This combination of strong returns and a favorable position relative to moving averages indicates that the stock is currently in a favorable trading environment, although the drop in investor participation could be a point of caution moving forward.