Why is Chambal Brewer falling/rising?

As of 02-Jul, Chambal Breweries & Distilleries Ltd is experiencing a price increase, with its current price at 8.73, reflecting a rise of 0.17 or 1.99%. The stock has shown a remarkable performance, gaining 105.41% over the last 21 days and outperforming its sector by 1.22% today. Additionally, it has outperformed the benchmark Sensex with a 1-week return of 10.09% compared to the Sensex's 0.79%. The stock is trading above its moving averages across various time frames, indicating a strong upward trend. However, there is a notable decline in investor participation, with delivery volume dropping by 96.32% against the 5-day average, which could be a concern for future price stability.
In the broader market context, Chambal Breweries has significantly outperformed the Sensex over the past week and month, with returns of 10.09% and 115.56%, respectively, while the Sensex has only returned 0.79% and 2.50% in the same periods. This strong performance suggests that the stock is gaining traction among investors despite the recent drop in delivery volume. The year-to-date performance of the Sensex is positive at 6.75%, but Chambal Breweries' recent gains indicate a strong recovery phase, particularly in the short term, despite its longer-term performance being down 15.41% over the past year.