Why is Checkpoint Trend falling/rising?

As of 09-Jul, Checkpoint Trends Ltd is experiencing a price increase, with its current price at Rs.30.69, reflecting a rise of 0.6 or 1.99%. The stock has reached a new 52-week high today and has shown impressive performance, gaining 62.47% over the last 21 days. Additionally, it has outperformed its sector by 1.79%. The stock's returns over various periods are noteworthy, with a 1-week increase of 9.69%, a 1-month increase of 68.16%, and a year-to-date increase of 135.17%. The stock is also trading above its moving averages across multiple time frames, indicating strong upward momentum. Furthermore, there has been a significant rise in investor participation, with delivery volume increasing by 136.68% compared to the 5-day average.
In the broader market context, Checkpoint Trends Ltd has significantly outperformed the Sensex, which only saw a 0.15% increase over the past week. The stock's remarkable year-on-year return of 244.83% starkly contrasts with the Sensex's 3.96% increase, highlighting its strong market position. The liquidity of the stock is also favorable, allowing for substantial trading activity. Overall, the combination of strong recent performance, increased investor interest, and favorable comparisons to the benchmark indicates a robust upward trend for Checkpoint Trends Ltd.