Why is Anka India falling/rising?

As of 25-Jul, Anka India Ltd's stock price is rising, currently at Rs 37.70, reflecting an increase of Rs 1.79 or 4.98%. The stock has shown impressive performance, gaining 43.62% over the last 13 consecutive days. It opened with a gain of 4.98% today and reached an intraday high of Rs 37.70. Additionally, Anka India has outperformed its sector by 5.92% today. The stock's returns over various periods are notable, with a 1-week increase of 27.54%, a 1-month rise of 37.69%, and a year-to-date gain of 84.26%. The stock is also trading above its moving averages across multiple time frames, indicating strong upward momentum. Furthermore, there has been a significant increase in investor participation, with delivery volume rising by 2252.87% compared to the 5-day average, suggesting heightened interest and confidence in the stock.
In the broader market context, Anka India has significantly outperformed the benchmark Sensex, which has seen a decline of 0.36% over the past week while Anka India rose by 27.54%. This trend continues over the past month, where Anka India gained 37.69% compared to the Sensex's drop of 1.56%. The strong performance of Anka India relative to the benchmark indicates that investor sentiment is particularly favorable towards this stock, despite a generally weak market environment. Overall, the combination of consistent gains, strong trading volume, and positive investor sentiment contributes to the stock's rising price.