Why is Transteel Seatin falling/rising?

As of 24-Jul, Transteel Seating Technologies Ltd is experiencing a price increase, with the current price at Rs 145.40, reflecting a change of 0.8 (0.55%) upward. The stock has shown strong performance recently, with a 5.10% increase over the past week and a remarkable 15.49% rise over the past month. It is currently trading close to its 52-week high, just 1.8% away from Rs 147.1. Additionally, the stock is outperforming its sector by 0.49% today and is trading above all key moving averages, indicating a positive trend. However, it is important to note that there has been a significant drop in investor participation, with delivery volume falling by 77.27% compared to the 5-day average, which could be a concern for future momentum.
In the broader market context, Transteel's short-term performance has significantly outpaced the Sensex, which has seen a slight decline of 0.20% over the past week. Year-to-date, Transteel has achieved a remarkable return of 62.64%, compared to the Sensex's 5.99%. This stark contrast highlights the stock's strong relative performance in a generally stable market environment. Despite the decline in delivery volume, the overall positive returns and the stock's ability to maintain liquidity suggest that investor sentiment remains favorable, contributing to its rising price.