Why is Tridev Infra. falling/rising?

As of 11-Aug, Tridev InfraEstates Ltd is experiencing a price increase, currently at 7.86, which reflects a rise of 0.13 or 1.68%. The stock has shown strong performance recently, with a 6.65% increase over the past week and a remarkable 30.56% increase over the past month, significantly outperforming the Sensex, which has declined by 0.51% and 2.30% in the same periods, respectively. Additionally, Tridev Infra is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 75.38% compared to the 5-day average, which could suggest a potential concern for future trading activity.
In the broader market context, Tridev Infra's recent performance contrasts sharply with the Sensex, which has shown negative returns over the same short-term periods. While the stock has gained significantly in the short term, it is important to note that it has a year-to-date decline of 21.16%, despite a modest 1.16% gain over the past year. This indicates that while the stock is currently rising, it has faced challenges earlier in the year. The liquidity of the stock remains adequate for trading, as it is based on 2% of the 5-day average traded value, which supports its current upward movement despite the falling investor participation.