Why is Tirupati Foam falling/rising?

As of 25-Sep, Tirupati Foam Ltd is experiencing a price increase, currently at Rs 106.90, which reflects a rise of 4.85 or 4.75%. The stock has shown strong performance recently, gaining 21.48% over the past week and 23.68% over the past month, significantly outperforming the Sensex, which has declined by 2.23% and 0.58% in the same periods, respectively. Despite this positive momentum, there has been a noted decrease in investor participation, with delivery volume falling by 23.56% against the 5-day average, indicating a potential concern regarding sustained interest in the stock. Additionally, while the stock is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, it remains below the 200-day moving average, suggesting mixed signals regarding its long-term trend.
Broader Market Context: The broader market context shows that while Tirupati Foam has been performing well in the short term, the overall market, represented by the Sensex, has faced declines. The stock's recent outperformance, particularly in the short term, contrasts sharply with the benchmark's negative returns, highlighting a period of relative strength for Tirupati Foam amidst a challenging market environment. This divergence may attract investors looking for opportunities in stocks that are bucking the trend, although the falling delivery volume could temper enthusiasm for continued gains.