Why is Ambika Cotton falling/rising?

As of 17-Jul, Ambika Cotton Mills Ltd's stock price is currently at 1,664.95, reflecting an increase of 4.95 (0.3%). The stock has been on an upward trend, gaining for the last six consecutive days with a total return of 6.66% during this period. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. Additionally, there has been a notable rise in investor participation, with delivery volume increasing by 66.05% compared to the 5-day average. Institutional investors have also shown increased interest, raising their stake by 0.53% in the last quarter, which suggests a positive outlook on the company's fundamentals.
In the broader market context, Ambika Cotton's short-term performance of +4.12% over the past week significantly outperforms the Sensex, which has declined by 1.12% during the same period. While the stock has shown a modest year-to-date return of +2.77%, it lags behind the Sensex's +5.27% return. However, the stock's strong performance relative to its benchmarks in the short term, combined with increasing institutional interest and low debt levels, supports its recent price rise despite a mixed longer-term performance.