Why is Checkpoint Trend falling/rising?

As of 18-Jul, Checkpoint Trends Ltd is experiencing a price increase, with its current price at Rs. 35.22, reflecting a rise of 0.69 or 2.0%. The stock has reached a new 52-week high today and has been on a positive trajectory, gaining for the last 21 days and achieving a remarkable 50% return during this period. Additionally, the stock has significantly outperformed the sector by 2.55%. Over various time frames, Checkpoint Trends has shown impressive returns, including a 169.89% increase year-to-date and a staggering 304.36% rise over the past year. However, it is important to note that there has been a substantial decline in investor participation, with delivery volume dropping by 99.04% against the 5-day average.
In the broader market context, Checkpoint Trends has outperformed the Sensex, which has seen a decline of 0.90% over the past week while Checkpoint Trends has surged by 10.34%. This strong performance highlights the stock's resilience and investor confidence compared to the benchmark. Despite the falling delivery volume indicating a potential decrease in investor interest, the overall upward trend in price and returns suggests that the stock remains attractive to investors, contributing to its rising price.