Why is V-Marc India falling/rising?

As of 23-Jul, V-Marc India Ltd's stock price is currently at 460.40, reflecting an increase of 21.9, or 4.99%. The stock has shown strong performance, outperforming its sector by 5.41% today. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Over the past week, the stock has risen by 3.24%, and it has experienced a remarkable 53.90% increase over the past month. However, there has been a notable decline in investor participation, with delivery volume dropping by 60.32% compared to the 5-day average, which could be a concern for future price stability.
Broader Market Context: In comparison to the benchmark Sensex, which has only increased by 0.03% over the past week, V-Marc India has significantly outperformed the market. Year-to-date, V-Marc India has risen by 20.10%, while the Sensex has gained 6.66%. This strong relative performance highlights the stock's resilience and attractiveness to investors, despite the recent decline in delivery volume. Overall, the stock's upward movement can be attributed to its robust returns and positive trading indicators, even as it faces challenges with investor participation.