Why is Three M Paper falling/rising?

As of 26-Jun, Three M Paper Boards Ltd is experiencing a price increase, currently trading at 50.60, which reflects a rise of 0.99 or 2.0%. The stock has shown significant positive momentum, gaining for the last eight consecutive days and achieving a total return of 32.29% during this period. Additionally, it has outperformed its sector by 1.66% today. The stock's performance over the past week and month has been strong, with returns of 16.97% and 29.74%, respectively. However, there is a notable decline in investor participation, as the delivery volume has decreased by 60.78% compared to the five-day average, which could indicate a potential concern for future trading activity.
In the broader market context, while Three M Paper has outperformed the Sensex in the short term, with a 1W return of 16.97% compared to the Sensex's 2.94%, it has underperformed year-to-date with a decline of 22.75% against the Sensex's gain of 7.19%. This contrast highlights the stock's recent recovery despite its longer-term struggles. The liquidity of the stock remains adequate for trading, as it is based on 2% of the five-day average traded value. Overall, the combination of strong recent performance and declining investor participation presents a mixed outlook for Three M Paper Boards Ltd.