Why is UPL PP falling/rising?

As of 05-Jun, UPL Ltd Partly Paidup is experiencing a price increase, currently at 428.00, reflecting a rise of 3.9 or 0.92%. The stock has shown positive performance today, outperforming its sector by 1.41% and has been on a consecutive gain for the last two days, accumulating a total return of 2.39% during this period. Despite a recent decline of 8.20% over the past month, the stock has a remarkable year-to-date return of 90.35%. It is also trading above its moving averages across various time frames, indicating a bullish trend. However, there has been a notable decrease in investor participation, with delivery volume falling by 64.64% compared to the 5-day average, which may suggest a lack of sustained buying interest.
In the broader market context, UPL Ltd's short-term performance over the past week has been significantly better than the benchmark Sensex, which has declined by 0.23% during the same period while UPL Ltd gained 3.18%. This contrast highlights the stock's relative strength in a challenging market environment. The Sensex has shown a modest year-to-date increase of 4.23%, further emphasizing UPL Ltd's exceptional performance this year. Overall, while the stock is currently rising, the decline in investor participation could pose a risk to its momentum if it continues.