Why is Yuvraaj Hygiene falling/rising?

As of 23-Oct, Yuvraaj Hygiene Products Ltd is experiencing a price increase, currently at 16.82, reflecting a change of 0.61 or 3.76% upward. The stock has shown strong performance, gaining 20.06% over the past week and 7.41% over the past month. It has consistently outperformed the sector by 4.33% today and has been on a consecutive gain streak for the last four days. Additionally, the stock is trading above its moving averages across various time frames, indicating positive momentum. However, there has been a notable decline in investor participation, with delivery volume dropping by 77.69% compared to the five-day average, which may raise concerns about sustainability in the stock's upward movement.
In the broader market context, Yuvraaj Hygiene's short-term performance significantly outpaces the benchmark, with a 20.06% return over the past week compared to the Sensex's 1.30%. Year-to-date, the stock has surged by an impressive 288.45%, while the Sensex has only increased by 8.21%. This stark contrast highlights the stock's robust growth relative to the overall market. Despite the recent drop in delivery volume, the strong price performance and positive returns suggest that investor sentiment remains favorable, contributing to the stock's rising trend.