Why is UPL PP falling/rising?

As of 24-Jul, UPL Ltd Partly Paidup is experiencing a price increase, currently at Rs. 508.00, reflecting a rise of 4.0 (0.79%). The stock has recently reached a new 52-week and all-time high today, and it has been on a consecutive gain streak for the last four days, accumulating an impressive 8.43% return during this period. Over the past week, the stock has outperformed the sector by 0.35%, and its year-to-date return stands at a remarkable 125.93%, significantly surpassing the Sensex's 5.18% increase. However, it is important to note that there has been a decline in investor participation, with delivery volume falling by 36.76% against the 5-day average, which could indicate a potential concern for future price stability.
In the broader market context, UPL Ltd's recent performance contrasts sharply with the Sensex, which has seen a slight decline of 0.09% over the past week. This strong outperformance suggests that UPL Ltd is gaining traction among investors, likely driven by positive sentiment surrounding the stock. The stock's ability to trade above its moving averages indicates a bullish trend, but the reduced delivery volume may raise questions about the sustainability of this upward momentum. Overall, while the stock is currently rising, the decrease in investor participation could pose challenges moving forward.