Why is Borana Weaves falling/rising?

As of 17-Nov, Borana Weaves Ltd is experiencing a price increase, currently at Rs. 283.45, reflecting a rise of Rs. 10.95 or 4.02%. The stock has recently hit a new 52-week and all-time high of Rs. 286.4, indicating strong upward momentum. It has outperformed its sector by 3.97% today and has shown consecutive gains over the last two days, accumulating a total return of 5.43%. Additionally, the stock has demonstrated robust performance over the past week and month, with returns of +18.97% and +28.52%, respectively. However, there is a noted decline in investor participation, with delivery volume falling by 24.37% against the 5-day average, which could indicate a potential concern for sustained momentum.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by 1.69% over the past week and 1.19% over the past month, Borana Weaves' performance is significantly stronger, showcasing its resilience and attractiveness to investors. The stock's ability to trade above all key moving averages further supports its bullish trend. Despite the drop in delivery volume, the liquidity remains adequate for trading, suggesting that while investor participation has decreased, the stock's overall performance is still robust relative to the broader market.