Why is Voler Car falling/rising?

As of 23-Sep, Voler Car Ltd is currently priced at 227.00, reflecting a decrease of 1.7, or 0.74%. Despite this decline, the stock has shown a positive trend over the past week and month, with returns of 9.21% in both periods. Notably, the stock reached a new 52-week high of Rs. 214.5 today, indicating strong performance relative to its historical prices. However, there has been a significant drop in investor participation, with delivery volume falling by 81.4% compared to the 5-day average, which may be contributing to the current price decline. Additionally, the stock is trading above its moving averages across various time frames, suggesting a generally bullish trend despite the recent price drop.
In the broader market context, the Sensex has experienced a slight decline of 0.28% over the past week, while Voler Car has outperformed this benchmark with a return of 9.21%. This indicates that the stock's recent performance is strong relative to the overall market. However, the decline in delivery volume could signal waning investor interest, which may be a concern moving forward. Overall, while Voler Car has shown resilience and positive returns in the short term, the current price drop reflects a combination of reduced trading activity and market dynamics.