Why is Umiya Tubes falling/rising?

As of 04-Jul, Umiya Tubes Ltd is experiencing a price increase, currently at 22.59, reflecting a change of 0.44 or 1.99% upward. The stock has shown strong performance recently, with a consecutive gain over the last 21 days and a remarkable 50% return during this period. In terms of returns, the stock has outperformed the sector by 2.63% today and has seen a significant increase of 10.25% over the past week. However, it is important to note that the delivery volume has decreased significantly, falling by 97.25% against the 5-day average, indicating a decline in investor participation. The stock's performance over the past year shows a substantial increase of 218.17%, although it has a year-to-date decline of 38.21%.
In the broader market context, while Umiya Tubes has outperformed the benchmark Sensex in the short term, with a 10.25% gain over the past week compared to the Sensex's decline of 0.74%, it is essential to consider the overall market conditions. The Sensex has shown a positive return of 3.01% over the past month, contrasting with Umiya Tubes' impressive 52.95% gain in the same timeframe. This indicates that while Umiya Tubes is performing well relative to its sector and in the short term, the broader market trends may still influence investor sentiment and participation moving forward.