Why is Stallion India falling/rising?

As of 31-Jul, Stallion India Fluorochemicals Ltd is experiencing a price increase, currently at Rs. 138.26, reflecting a rise of Rs. 15.46 or 12.59%. The stock has shown strong performance, gaining 21.07% over the past week and 60.58% over the past month, significantly outperforming the Sensex, which has declined by 1.22% and 3.00% respectively during these periods. Today, the stock hit a new 52-week and all-time high of Rs. 144.2, although it opened with a loss of 3.7%. The stock has been volatile, with an intraday high of Rs. 144.2 and a low of Rs. 117, indicating a wide trading range of Rs. 27.2. Despite this volatility, Stallion India is trading above all its moving averages, suggesting a strong upward trend. However, there has been a notable decrease in investor participation, with delivery volume falling by 42.48% against the 5-day average, which could indicate some caution among investors.
In the broader market context, Stallion India's recent performance contrasts sharply with the benchmark Sensex, which has shown negative returns over the same periods. The stock's ability to outperform the sector by 13.65% today highlights its strength in a challenging market environment. While the stock has demonstrated significant gains, the decline in delivery volume may suggest that some investors are hesitant, potentially impacting future price movements. Overall, the stock's rise can be attributed to strong short-term performance and positive technical indicators, despite the broader market's struggles.