Why is Deccan Cements falling/rising?

As of 22-Sep, Deccan Cements Ltd. is experiencing a rise in its stock price, currently at 1,126.85, reflecting an increase of 9.15 or 0.82%. The stock has shown strong performance recently, gaining 4.11% over the last four days and hitting a new 52-week and all-time high of Rs. 1183.95 today. Additionally, the stock has outperformed the sector by 0.5% and has demonstrated impressive long-term returns, with an 82.69% increase over the past year and a remarkable 318.90% rise over the last five years. However, it is worth noting that there has been a decline in investor participation, with delivery volume falling by 31.95% against the five-day average.
In the broader market context, Deccan Cements has outperformed the Sensex, which has only increased by 0.46% over the past week, while the stock itself has risen by 3.99%. This indicates that the stock is not only performing well in absolute terms but also relative to the market benchmark. The strong performance in both the near and long term suggests that investor confidence remains high, despite the recent drop in delivery volumes. Overall, the combination of consistent gains, a strong upward trend in moving averages, and significant historical returns contribute to the stock's rising price.