Why is Chambal Brewer falling/rising?

As of 29-Oct, Chambal Breweries & Distilleries Ltd is experiencing a price increase, with the current price at Rs. 40.76, reflecting a rise of 0.79 (1.98%). The stock has reached a new 52-week high today and has been on a positive trend, gaining for the last 21 days with a total return of 51.07% during this period. Additionally, the stock has significantly outperformed the sector by 0.98%. Over the past week, it has risen by 10.31%, and over the past month, it has shown an impressive increase of 48.16%. The stock is also trading above its moving averages across various timeframes, indicating strong momentum. However, there has been a decline in investor participation, with delivery volume falling by 29.25% compared to the 5-day average, which could be a concern for future trading activity.
Broader Market Context: In comparison to the benchmark Sensex, which has risen by 0.68% over the past week and 5.76% over the past month, Chambal Breweries has significantly outperformed, showcasing its strong performance relative to the broader market. The stock's remarkable year-on-year return of 627.86% and three-year return of 1258.67% further highlight its exceptional growth trajectory. Despite the recent drop in delivery volume, the overall positive returns and consistent upward movement suggest strong investor confidence in the stock, contributing to its rising price.