Why is Wardwizard Foods falling/rising?

As of 11-Nov, Wardwizard Foods & Beverages Ltd is experiencing a price increase, with its current price at Rs. 12.09, reflecting a rise of 0.42 or 3.6%. The stock has recently hit a new 52-week high of Rs. 12.17 and has shown strong performance, gaining 10.21% over the last three days. Additionally, it has outperformed its sector by 4.63%. Over the past week, the stock has risen by 9.21%, and in the last month, it has increased by 24.51%. However, there is a noted decline in investor participation, with delivery volume falling by 13.32% compared to the five-day average, which may indicate a potential concern for sustained momentum.
Broader Market Context: In comparison to the benchmark Sensex, which has only increased by 0.49% over the past week, Wardwizard Foods' performance is significantly stronger. The stock's year-to-date return of 119.82% also far exceeds the Sensex's 7.34% increase, highlighting its robust growth relative to the broader market. Despite the recent decline in delivery volume, the overall liquidity remains adequate for trading, suggesting that while there may be some short-term fluctuations in participation, the stock's upward trajectory is supported by strong historical performance and positive short-term trends.