Why is Vipul Organics falling/rising?

As of 09-Jul, Vipul Organics Ltd is currently priced at 240.00, reflecting an increase of 0.8 (0.33%). The stock has demonstrated strong performance, gaining 3.87% over the last four days and outperforming its sector by 0.52% today. Additionally, it has shown impressive returns over various periods, including a 72.24% increase over the past year and a remarkable 190.52% rise over the last five years. Despite this positive momentum, there has been a notable decline in investor participation, with delivery volume dropping by 59.76% compared to the five-day average. However, the stock remains liquid enough for trading, as it is above all key moving averages.
In the broader market context, Vipul Organics has outperformed the Sensex, which has only increased by 0.15% over the past week, while the stock itself has risen by 1.27%. This indicates that the stock is not only performing well in isolation but also in comparison to the market benchmark. The strong long-term performance, alongside recent gains, suggests that investor confidence remains high, despite the recent drop in delivery volume. Overall, the combination of solid historical returns and recent upward movement contributes to the stock's rising price.