Why is Sonalis Consumer falling/rising?

As of 29-Jul, Sonalis Consumer Products Ltd is experiencing a price increase, currently at Rs 74.00, reflecting a rise of 3.0 or 4.23%. The stock has shown a strong performance today, having outperformed its sector by 4.14%. Despite opening with a loss of 2.82%, it reached an intraday high of Rs 74, indicating a recovery within the trading day. Over the past week, the stock has gained 7.25%, while its one-month performance shows a decline of 3.14%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend. However, there has been a significant drop in investor participation, with delivery volume falling by 85.29% against the 5-day average, which may indicate a lack of sustained interest.
In the broader market context, Sonalis Consumer's recent performance contrasts sharply with the benchmark Sensex, which has declined by 1.03% over the past week. This outperformance highlights the stock's relative strength in a challenging market environment. Year-to-date, Sonalis has gained 7.50%, outpacing the Sensex's 4.09% increase, although its one-year performance shows a decline of 14.44% compared to a near-flat Sensex. The liquidity of the stock remains adequate for trading, but the significant drop in delivery volume could pose challenges for future price stability. Overall, while the stock is currently rising, the falling investor participation may raise concerns about its sustainability.