Why is Anka India falling/rising?

As of 28-Oct, Anka India Ltd's stock price is currently at Rs 62.37, reflecting an increase of Rs 1.22 or 2.0%. The stock has been on a positive trajectory, gaining for the last 11 consecutive days and achieving a remarkable return of 43.61% during this period. Additionally, the stock has outperformed its sector by 1.94% today. Over the past week, it has risen by 8.21%, and on a year-to-date basis, it has surged by 204.84%. However, there has been a decline in investor participation, with delivery volume dropping by 31.41% compared to the 5-day average, which may indicate a potential concern for future price stability.
Broader market context shows that while Anka India has significantly outperformed the benchmark Sensex, which has only increased by 0.24% over the past week, the stock's strong performance is notable against the backdrop of a more modest market. The stock's ability to trade above all its moving averages suggests a strong bullish trend. Despite the falling delivery volume, which could imply reduced investor interest, the overall returns and consistent upward movement indicate a robust demand for the stock, contributing to its rising price.