Why is Viaz Tyres falling/rising?

As of 23-Jul, Viaz Tyres Ltd is experiencing a price increase, with its current price at 63.50, reflecting a rise of 2.0 or 3.25%. The stock has outperformed its sector by 3.81% today 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 is a notable decline in investor participation, with delivery volume dropping by 76.19% compared to the 5-day average. In terms of returns, the stock has shown a significant increase of 10.15% over the past week and 17.59% over the past month, contrasting sharply with the Sensex, which has only marginally increased by 0.03% and 0.99% during the same periods.
In the broader market context, Viaz Tyres' short-term performance is significantly stronger than the benchmark, as evidenced by its 1-week return of 10.15% compared to the Sensex's 0.03%. Despite a year-to-date decline of 5.44% against the Sensex's gain of 6.66%, the recent momentum suggests a recovery phase for the stock. The liquidity of Viaz Tyres remains adequate for trading, as it is based on 2% of the 5-day average traded value. Overall, while the stock is currently rising, the drop in investor participation may warrant attention as it could impact future price movements.