Why is Anka India falling/rising?

As of 24-Jul, Anka India Ltd's stock price is rising, currently at Rs 35.91, reflecting an increase of Rs 1.71 or 5.0%. The stock has shown impressive performance, gaining 36.8% over the last 12 days and outperforming its sector by 5.56% today. Additionally, it has consistently traded above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. The stock's year-to-date return stands at an impressive 75.51%, and over the past year, it has surged by 158.35%. Rising investor participation is also notable, with a 23.64% increase in delivery volume compared to the 5-day average, contributing positively to the stock's recent movement.
In the broader market context, Anka India Ltd has significantly outperformed the Sensex, which has seen a minimal increase of 0.16% over the past month, while Anka India has risen by 28.57% in the same period. This stark contrast highlights the stock's strong performance relative to the benchmark. The stock's ability to maintain a consistent upward trajectory amidst a relatively flat market further underscores its appeal to investors, reinforcing the positive sentiment surrounding Anka India Ltd.