Why is Elitecon Inter. falling/rising?

As of 23-Sep, Elitecon International Ltd's stock price is rising, currently at 204.85, reflecting an increase of 9.75 or 5.0%. The stock has shown strong performance today, outperforming its sector by 6.58% and has gained consecutively for the last four days, resulting in a total return of 21.5% during this period. Additionally, the stock opened with a gain of 5% and reached an intraday high of Rs 204.85. In terms of returns, over the past week, the stock has increased by 15.44%, while it has experienced a significant year-to-date return of 1915.25%. Notably, investor participation has surged, with delivery volume rising by 252.68% against the five-day average, indicating heightened interest in the stock.
Broader market context shows that while the Sensex has declined by 0.34% over the past week, Elitecon's strong performance stands in stark contrast, highlighting its resilience. The stock's year-to-date performance significantly outpaces the benchmark's 5.07% increase, further emphasizing its exceptional growth trajectory. Despite the lack of specific positive or negative factors available, the rising investor participation and the stock's ability to maintain higher trading volumes suggest a favorable sentiment among investors, contributing to its recent price increase.