Why is Arunis Abode falling/rising?

As of 02-Jul, Arunis Abode Ltd's stock price is rising, currently at 345.20, reflecting an increase of 6.75 or 1.99%. The stock has reached a new 52-week and all-time high today, and it has been on a consecutive gain streak for the last 21 days, accumulating a remarkable 51.24% return during this period. Additionally, the stock has significantly outperformed its sector by 3.22%. Over various time frames, the stock has shown impressive returns, including a year-to-date increase of 249.15% and a staggering 626.89% rise over the past year. However, there is a notable decline in investor participation, with delivery volume dropping by 87.09% against the 5-day average, which may indicate a potential concern for future trading activity.
In the broader market context, Arunis Abode's short-term performance has been exceptional, with a 10.38% increase over the past week, significantly outpacing the Sensex, which only rose by 0.79% during the same period. This strong performance relative to the benchmark suggests that investor sentiment towards Arunis Abode remains positive despite the decrease in delivery volume. The stock's ability to maintain trading above its moving averages further supports its upward trend, indicating robust momentum in the face of broader market conditions.