Why is Three M Paper falling/rising?

As of 23-Jun, Three M Paper Boards Ltd is experiencing a price increase, with its current price at Rs 47.69, reflecting a rise of 2.27 (5.0%). The stock has shown strong performance recently, gaining 24.68% over the past week and outperforming its sector by 5.74% today. It opened with a 5% gain and has maintained this price throughout the trading session. However, despite these positive movements, there has been a notable decline in investor participation, with delivery volume dropping by 48.53% compared to the 5-day average, which may indicate a potential concern for sustained momentum. The stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.
In the broader market context, the stock's short-term performance significantly outpaces the benchmark Sensex, which has only increased by 0.12% over the past week. This stark contrast highlights the stock's strong recovery in the short term, despite a year-to-date decline of 27.19% compared to the Sensex's gain of 4.81%. The recent upward trend in the stock price suggests a positive sentiment among investors, although the falling delivery volume could pose a risk to its continued rise. Overall, while the stock is currently benefiting from a strong short-term performance, the decrease in investor participation may warrant caution moving forward.