Why is Arunis Abode falling/rising?

As of 25-Jul, Arunis Abode Ltd is experiencing a price increase, currently at Rs. 482.85, reflecting a rise of Rs. 9.45 or 2.0%. 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 51.36% return during this period. Additionally, the stock has outperformed its sector by 4.12% today and is trading above all key moving averages, indicating strong upward momentum. However, there has been a notable decline in investor participation, with delivery volume falling by 37.68% against the 5-day average, which could suggest a potential concern regarding sustained interest in the stock.
In the broader market context, Arunis Abode's performance stands in stark contrast to the benchmark Sensex, which has seen a slight decline of 0.36% over the past week. The stock's impressive 1-week return of 10.38% and a year-to-date increase of 388.37% further highlight its strong performance relative to the market. While the finance/NBFC sector has decreased by 2.13%, Arunis Abode's ability to rise amidst this backdrop indicates robust investor confidence and a strong market position, despite the drop in trading volume.