Why is Anka India falling/rising?

As of 23-Jul, Anka India Ltd is experiencing a price increase, with its current price at Rs 34.20, reflecting a rise of 1.62 (4.97%). The stock has shown strong performance, gaining 30.29% over the last 11 days and outperforming its sector by 5.69% today. Additionally, it has demonstrated significant returns over various periods, including a remarkable 158.31% increase over the past year and a 356.00% rise over the last five years. The stock is currently trading above all its moving averages, indicating a strong upward trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 88.84% against the five-day average, which could be a concern for future momentum.
In the broader market context, Anka India has significantly outperformed the Sensex, which has only increased by 0.11% over the past week, while Anka India has surged by 20.30% in the same period. This stark contrast highlights the stock's strong performance relative to the benchmark. The overall market sentiment appears to favor Anka India, as evidenced by its substantial year-to-date return of 67.16% compared to the Sensex's 5.87%. This indicates that while the stock is currently rising, the broader market remains relatively stable, suggesting that Anka India's growth is driven by company-specific factors rather than overall market trends.