Why is Yash Chemex falling/rising?

As of 07-Jul, Yash Chemex Ltd is experiencing a price increase, currently at Rs 54.00, reflecting a rise of Rs 1.4 or 2.66%. The stock has shown a positive performance today, outperforming its sector by 2.91%. It reached an intraday high of Rs 54, while the day's low was Rs 51.55. Over the past week, the stock has gained 3.37%, although it has a year-to-date increase of only 5.86%. Despite this, the stock has seen a significant decline in delivery volume, which fell by 89.21% against the 5-day average, indicating a decrease in investor participation. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, Yash Chemex's short-term return of 3.37% over the past week stands in contrast to the Sensex, which has declined by 0.20%. While the stock has shown some resilience in the short term, its longer-term performance remains concerning, as it has underperformed the Sensex over the past year and three years. The stock's trading above all major moving averages suggests a bullish trend, yet the significant drop in delivery volume raises questions about sustained investor interest.