Why is Titan Intech falling/rising?

As of 08-Aug, Titan Intech Ltd is experiencing a price increase, currently at 19.66, reflecting a rise of 0.6 or 3.15%. The stock has shown strong performance recently, with a 10.95% increase over the past week and a remarkable 31.51% rise over the past month, significantly outperforming the Sensex, which has declined by 0.92% and 4.60% during the same periods, respectively. Despite a year-to-date decline of 51.53%, the stock has been gaining momentum, with returns of 3.78% over the last two days. However, there has been a decrease in investor participation, as evidenced by an 11.04% drop in delivery volume compared to the five-day average, which may indicate some caution among investors.
In the broader market context, Titan Intech's recent performance stands in stark contrast to the Sensex, which has shown a slight gain of 2.20% year-to-date. The stock's ability to outperform the sector by 5.06% today highlights its relative strength, even amidst a challenging market environment. While the stock's moving averages indicate a positive trend in the short term, being higher than the 5-day, 20-day, 50-day, and 100-day averages, it remains below the 200-day moving average, suggesting potential volatility ahead. Overall, the combination of strong short-term returns and recent gains, despite falling investor participation, contributes to the stock's rising price.