Why is Voler Car falling/rising?

As of 21-Aug, Voler Car Ltd's stock price is rising, currently at 209.10, reflecting an increase of 7.4 or 3.67%. The stock has recently hit a new 52-week and all-time high of Rs.210.5. It has outperformed its sector by 1.99% today and is trading above all its moving averages, indicating strong upward momentum. Over the past week, the stock has appreciated by 12.84%, while in the last month, it has surged by 55.52%. However, there is a notable decline in investor participation, with delivery volume dropping by 97.09% compared to the 5-day average, which may raise concerns about sustainability in the stock's upward trajectory.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by only 1.84% over the past week and is nearly flat over the past month, Voler Car's performance stands out significantly. The stock's strong short-term returns highlight its relative strength against the broader market, particularly given the Sensex's slight decline of 0.03% in the last month. This disparity suggests that investor interest in Voler Car is robust despite the falling delivery volumes, indicating a potential divergence between price movement and trading activity.