Why is Veekayem Fash. falling/rising?

As of 12-Sep, Veekayem Fashion & Apparels Ltd is experiencing a price increase, with its current price at 309.10, reflecting a rise of 8.4 or 2.79%. The stock has outperformed its sector today by 3.37% and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, there has been a notable decline in investor participation, as the delivery volume on 11 September fell by 77.27% compared to the 5-day average. The stock's performance over the past month shows a significant increase of 21.31%, and it has delivered a remarkable year-to-date return of 35.57%, alongside a substantial 64.85% increase over the past year.
In the broader market context, while Veekayem Fashion has shown strong returns, it has underperformed the Sensex in the short term, with a 1-week return of -1.07% compared to the benchmark's gain of 1.51%. Despite this, the stock's long-term performance is impressive, with a 3-year return of 592.27% against the Sensex's 40.02%. This indicates that while the stock is currently rising, it is doing so in a mixed market environment where short-term fluctuations may not fully reflect its overall strong performance trajectory.