Why is Dugar Housing falling/rising?

As of 22-Sep, Dugar Housing Developments Ltd is experiencing a price increase, currently at Rs. 190.25, reflecting a rise of Rs. 3.7 or 1.98%. The stock has reached a new 52-week and all-time high today. It has shown strong performance, gaining 51.12% over the last 21 days and outperforming its sector by 2.05%. Additionally, the stock has impressive returns, with a year-to-date increase of 1241.68% and a three-year return of 4429.76%. However, there is a notable decline in investor participation, with delivery volume falling by 37.5% against the five-day average, which could indicate a potential concern for future trading activity.
In the broader market context, Dugar Housing's short-term performance significantly outpaces the benchmark, with a one-week return of 10.32% compared to the Sensex's 0.46%. This stark contrast highlights the stock's strong momentum relative to the overall market. Despite the falling investor participation, the stock's consistent upward trajectory and substantial gains suggest robust investor confidence, contributing to its rising price.