Why is Solara Active PP falling/rising?

As of 30-Jun, Solara Active Pharma Sciences Ltd Partly Paidup is experiencing a price increase, currently at Rs 467.10, which reflects a rise of Rs 12.1 or 2.66%. The stock has shown strong performance today, outperforming its sector by 1.97% and has gained 4.03% over the last two days. It opened with a significant gain of 10.99% and reached an intraday high of Rs 505. The stock has demonstrated impressive returns over various periods, including a 37.38% increase over the past month and a remarkable 98.68% rise over the past year. However, there has been a notable decline in investor participation, with delivery volume dropping by 79.3% against the 5-day average, indicating a potential concern for future momentum.
Broader Market Context: In comparison to the benchmark, the stock's short-term performance has been exceptional, with a 15.62% increase over the past week, significantly surpassing the Sensex's 2.09% gain during the same period. This trend of outperformance continues in the one-month and year-to-date comparisons as well. The stock's strong upward movement, despite high volatility and a wide trading range today, suggests robust investor interest, although the falling delivery volume may raise questions about sustainability. Overall, while the stock is currently on an upward trajectory, the decrease in investor participation could pose challenges ahead.