Why is Viaz Tyres falling/rising?

As of 13-Nov, Viaz Tyres Ltd is experiencing a price increase, currently at 84.00, reflecting a rise of 3.0 or 3.7%. The stock has outperformed its sector today by 2.61%, and it 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, with delivery volume dropping by 70.59% compared to the 5-day average. The stock has shown impressive returns over various periods, with a year-to-date increase of 25.09% and a one-year return of 33.33%, significantly outperforming the Sensex, which has returned 9.45% over the same timeframe.
In the broader market context, Viaz Tyres' short-term performance of 3.70% over the past week surpasses the Sensex's return of 1.45%, indicating that the stock is gaining traction relative to the market. This strong performance suggests positive sentiment among investors, despite the recent drop in delivery volume, which may indicate a temporary pullback in trading activity. Overall, the stock's ability to maintain a higher trading price and outperform the benchmark reflects a favorable outlook, although the decrease in investor participation could warrant monitoring for potential future impacts.