Why is Akiko falling/rising?

As of 12-Sep, Akiko Global Services Ltd is experiencing a price increase, with its current price at Rs. 237.05, reflecting a rise of Rs. 11.25 or 4.98%. The stock has reached a new 52-week and all-time high today, outperforming its sector by 3.78%. In terms of performance, Akiko has shown significant returns, with a 1-week increase of 27.55%, a 1-month increase of 83.19%, and a year-to-date increase of 197.61%. However, it is important to note that there has been a decline in investor participation, as the delivery volume on 11 September fell by 52.63% compared to the 5-day average, which may indicate a potential concern for future trading activity.
Broader market context shows that while Akiko has significantly outperformed the Sensex, which has only increased by 1.51% over the past week, the stock's remarkable year-to-date performance of 197.61% contrasts sharply with the Sensex's 6.21% increase. This suggests that Akiko is gaining traction among investors despite the recent drop in delivery volume, indicating strong underlying demand for the stock. Overall, the combination of reaching new highs and substantial returns relative to the benchmark supports the stock's upward movement, even as liquidity concerns arise from falling investor participation.