Why is Umiya Tubes falling/rising?

As of 25-Jul, Umiya Tubes Ltd is experiencing a price increase, with its current price at 30.31, reflecting a change of 0.59 or 1.99% upward. The stock has shown impressive performance, gaining 50.87% over the last 21 days and outperforming its sector by 3.79% today. Additionally, Umiya Tubes has significantly outperformed the benchmark Sensex over the past week and month, with returns of +10.34% and +53.86%, respectively. However, it is important to note that the stock has seen a decline of 17.10% year-to-date. The delivery volume has decreased by 35.37% compared to the 5-day average, indicating a potential decline in investor participation, which could impact future price movements.
In the broader market context, while Umiya Tubes has shown strong short-term returns, the Sensex has experienced a slight decline of 0.36% over the past week and a more significant drop of 1.56% over the past month. This contrast highlights Umiya Tubes' ability to rise despite a generally unfavorable market environment. The stock's performance over the past year has been remarkable, with a return of 350.37%, significantly outpacing the Sensex's 1.78% increase. This suggests that Umiya Tubes is currently benefiting from strong investor sentiment and positive momentum, despite the recent drop in delivery volumes.