Why is Anka India falling/rising?

As of 01-Aug, Anka India Ltd is experiencing a price increase, with its current price at Rs 43.46, reflecting a change of 0.85 or 1.99% upward. The stock has shown impressive performance, gaining 65.56% over the last 18 days and is currently trading close to its 52-week high, just 2.6% away from Rs 44.59. Additionally, the stock has outperformed its sector by 2.5%. Over various time frames, Anka India has demonstrated significant returns, including a 112.41% increase year-to-date and a remarkable 212.21% rise over the past year. However, it is important to note that there has been a decline in investor participation, with delivery volume dropping by 48.15% against the 5-day average, which may indicate a potential concern for future momentum.
In the broader market context, Anka India's recent performance stands in stark contrast to the benchmark Sensex, which has declined by 1.06% over the past week and 3.70% over the past month. This divergence highlights the stock's strong relative strength, particularly as it has consistently outperformed the benchmark across multiple time frames, including a 328.18% increase over three years compared to the Sensex's 38.69%. The liquidity of Anka India remains sufficient for trading, as it accounts for 2% of the 5-day average traded value, further supporting its upward price movement despite the recent drop in delivery volume.