Why is Darjeeling Ropew falling/rising?

As of 25-Aug, Darjeeling Ropeway Company Ltd is experiencing a price increase, currently at Rs. 66.00, which reflects a rise of 2.86 or 4.53%. The stock has been on an upward trend, gaining for the last 11 days and achieving a remarkable 47.12% return during this period. Today, it reached a new 52-week high of Rs. 66.28 and outperformed its sector by 4.72%. Despite opening with a loss of 4.77%, the stock has shown resilience, trading above its moving averages across various time frames. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 25.7% against the 5-day average, indicating strong interest in the stock.
In the broader market context, Darjeeling Ropeway's performance has significantly outpaced the benchmark Sensex, which has only increased by 0.45% over the past week. The stock's one-month return stands at an impressive 52.81%, compared to the Sensex's modest 0.21% gain. This stark contrast highlights the stock's strong momentum and investor confidence, particularly in light of its substantial year-to-date return of 63.61%, while the Sensex has only risen by 4.48%. Overall, the combination of strong recent performance, increased trading activity, and favorable comparisons to the benchmark suggests a robust upward trajectory for Darjeeling Ropeway Company Ltd.