Why is Thinking Hats falling/rising?

As of 30-Sep, Thinking Hats Entertainment Solutions Ltd is experiencing a price increase, currently at 37.50, which reflects a rise of 1.75 or 4.9%. The stock has shown strong performance in the short term, with a 15.21% increase over the past week and a 14.85% increase over the past month. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a notable decline in investor participation, with delivery volume falling by 39.02% against the 5-day average, which could suggest a potential concern regarding sustained interest in the stock.
In the broader market context, Thinking Hats has significantly outperformed the Sensex, which has declined by 2.22% over the past week, while the stock itself has risen. This outperformance by 9.05% today highlights the stock's strength relative to the benchmark. Despite a year-to-date decline of 12.08% compared to the Sensex's gain of 4.09%, the recent upward momentum may be attracting investors looking for recovery potential. Overall, while the stock is currently rising, the drop in delivery volume may warrant caution regarding its future performance.