Why is Viaz Tyres falling/rising?

As of 10-Sep, Viaz Tyres Ltd is experiencing a rise in its stock price, currently at Rs. 92.90, which reflects an increase of Rs. 4.4 or 4.97%. The stock has recently hit a new 52-week and all-time high, indicating strong performance. It has outperformed its sector by 3.43% today and is trading above all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. However, there has been a notable decline in investor participation, with delivery volume falling by 46.81% compared to the 5-day average. The positive returns over various periods, including a 65.89% increase over the past year, further highlight the stock's strong performance relative to the benchmark.
In the broader market context, Viaz Tyres has significantly outperformed the Sensex, with a 1-week return of 25.46% compared to the benchmark's 1.04%, and a 1-month return of 32.71% against the Sensex's 2.50%. This strong performance suggests that investor sentiment towards Viaz Tyres remains positive despite the drop in delivery volume, which could indicate a temporary fluctuation in trading activity rather than a fundamental weakness in the stock. Overall, the stock's upward trajectory is supported by its recent highs and substantial returns, contrasting sharply with the broader market's more modest gains.