Why is Anka India falling/rising?

As of 28-Jul, Anka India Ltd's stock price is currently at Rs 39.50, reflecting an increase of Rs 1.8 or 4.77%. The stock has been on a positive trajectory, gaining for the last 14 consecutive days and achieving a remarkable 50.48% return during this period. Today, it opened with a gain of 4.99%, reaching an intraday high of Rs 39.58. The stock has outperformed its sector by 6.01% today and has shown impressive returns over various periods, including a 93.06% increase year-to-date and a staggering 158.17% rise over the past year. Notably, the stock is trading above all its moving averages, indicating strong upward momentum. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 461.87% against the 5-day average.
In the broader market context, while Anka India Ltd has shown substantial gains, the benchmark Sensex has experienced a decline of 1.59% over the past week and a 3.77% drop over the past month. This stark contrast highlights the stock's strong performance relative to the market. The stock's ability to maintain such high returns, despite the broader market's struggles, underscores its resilience and attractiveness to investors. Overall, the combination of consistent gains, strong investor interest, and positive technical indicators contributes to the stock's rising price.