Why is Checkpoint Trend falling/rising?

As of 24-Jun, Checkpoint Trends Ltd is experiencing a price increase, currently at 24.89, with a change of 0.48, representing a rise of 1.97%. The stock has shown strong performance, gaining 36.38% over the last 11 days and outperforming its sector by 1.76% today. Additionally, it has demonstrated impressive returns over various periods, including a 90.73% increase year-to-date and a remarkable 163.11% rise over the past year. The stock is trading above all key moving averages, indicating a strong upward trend. Furthermore, there has been a significant increase in investor participation, with delivery volume rising by 184.12% compared to the 5-day average, suggesting heightened interest and confidence in the stock.
In the broader market context, Checkpoint Trends Ltd has significantly outperformed the Sensex, which has only risen by 0.58% over the past week and 5.01% year-to-date. The stock's 1-week return of 10.28% and 1-month return of 23.52% further highlight its strong performance relative to the benchmark. This disparity in returns indicates that investor sentiment towards Checkpoint Trends Ltd is particularly positive compared to the overall market, contributing to its rising stock price.