Why is Wise Travel falling/rising?

As of 29-Jul, Wise Travel India Ltd is experiencing a price increase, currently at 187.70, reflecting a rise of 4.4 or 2.4%. The stock has shown a strong performance over the past month with a return of +31.26%, significantly outperforming the Sensex, which declined by -3.19% during the same period. However, despite today's positive movement, there has been a notable decline in investor participation, with delivery volume dropping by -78.26% compared to the 5-day average. The stock is currently trading above its 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend, although it is below the 5-day moving average.
In the broader market context, Wise Travel's recent performance contrasts sharply with the benchmark Sensex, which has seen a slight decline of -0.96% over the past week. This suggests that while Wise Travel is gaining traction, the overall market sentiment may not be as favorable. The stock's year-to-date return of +13.79% also outpaces the Sensex's +4.97%, indicating a stronger recovery relative to the broader market. However, the significant drop in delivery volume could signal potential concerns about future investor interest, which may affect the stock's momentum moving forward.