Why is Yash Optics falling/rising?

As of 15-Sep, Yash Optics & Lens Ltd is experiencing a price increase, currently trading at Rs 141.80, which reflects a rise of Rs 1.8 or 1.29%. The stock has shown strong performance, with a 5.82% increase over the past week and an impressive 41.38% rise over the past month. It is currently just 1.48% away from its 52-week high of Rs 143.9. Additionally, Yash Optics is trading above all its key moving averages, indicating a positive trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 74.72% compared to the 5-day average, which could signal a potential concern for future price stability.
In the broader market context, Yash Optics has significantly outperformed the benchmark Sensex, which has only increased by 1.20% over the past week and 1.78% over the past month. Year-to-date, the stock has surged by 62.99%, compared to the Sensex's 6.02% increase, highlighting its strong relative performance. Despite the positive price movement, the falling investor participation could indicate a lack of sustained interest, which may affect future price momentum. Overall, while the stock is currently rising, the decrease in trading volume may warrant caution among investors.