Why is Umiya Tubes falling/rising?

As of 02-Jul, Umiya Tubes Ltd is experiencing a price increase, currently at 21.72, with a change of 0.42, representing a 1.97% rise. The stock has shown strong performance recently, gaining 49.9% over the last 21 days and outperforming its sector by 0.56% today. In terms of returns, Umiya Tubes has increased by 10.25% over the past week and an impressive 52.85% over the past month, while it has seen a substantial 218.01% increase over the past year. However, it is important to note that the stock is down 40.59% year-to-date. Despite these gains, there is a concerning trend of falling investor participation, as evidenced by a significant drop in delivery volume by 61.08% compared to the 5-day average.
In the broader market context, Umiya Tubes has significantly outperformed the Sensex, which has only risen by 0.79% over the past week and 2.50% over the past month. This stark contrast highlights the stock's strong short-term performance relative to the benchmark. However, the stock's liquidity remains adequate for trading, as it is based on 2% of the 5-day average traded value. The moving averages indicate that while the stock is performing better than the shorter-term averages, it still lags behind the longer-term averages, suggesting potential volatility ahead. Overall, while Umiya Tubes Ltd is currently rising, the decline in investor participation and mixed moving averages may pose challenges for sustained growth.