Why is Tejas Cargo falling/rising?

As of 22-Jul, Tejas Cargo India Ltd is experiencing a price increase, with its current price at Rs. 234.75, reflecting a rise of Rs. 4.75 or 2.07%. The stock has recently hit a new 52-week and all-time high of Rs. 255, indicating strong upward momentum. It has outperformed its sector by 2.67% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there is a notable decline in investor participation, with delivery volume dropping by 81.48% compared to the 5-day average, which may raise concerns about the sustainability of this price increase. Unfortunately, the Positive and Negative Dashboard data is not available to provide further insights into the factors influencing this movement.
In the broader market context, Tejas Cargo's performance over the past week shows a return of +5.10%, while the Sensex has declined by 0.54%, indicating that the stock is outperforming the benchmark significantly. Over the past month, Tejas Cargo has risen by 38.82%, contrasting with a slight decrease in the Sensex of 0.21%. This strong performance relative to the benchmark suggests that investor sentiment towards Tejas Cargo remains positive, despite the drop in trading volume.