Why is Akiko falling/rising?

As of 31-Jul, Akiko Global Services Ltd is experiencing a price increase, currently at Rs. 119.70, reflecting a rise of Rs. 2.0 or 1.7%. The stock has recently hit a new 52-week and all-time high of Rs. 125, indicating strong upward momentum. It has outperformed its sector by 1.64% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 181.33% against the 5-day average. The stock has shown impressive returns over various periods, including a 49.72% increase over the past month and a 57.60% increase over the past year, while the benchmark Sensex has seen declines in the same time frames.
In the broader market context, Akiko's short-term performance stands in stark contrast to the Sensex, which has declined by 1.17% over the past week and 3.03% over the past month. This divergence highlights the stock's strong relative strength amid a generally weak market environment. The liquidity of the stock is also favorable, being liquid enough for trades of Rs. 0.05 crore based on 2% of the 5-day average traded value. Overall, the combination of strong performance metrics, rising investor interest, and favorable trading conditions contributes to the stock's upward trajectory.