Why is Elitecon Inter. falling/rising?

As of 24-Sep, Elitecon International Ltd is experiencing a price increase, currently at 215.05, which reflects a rise of 10.2 or 4.98%. The stock has shown strong performance recently, gaining 27.55% over the past week and outperforming its sector by 5.17% today. It opened with a gain of 4.98% and has maintained this price throughout the trading session. Despite these positive movements, there is a notable decline in investor participation, with delivery volume dropping by 91.73% compared to the 5-day average. Additionally, while the stock is trading above its 5-day, 100-day, and 200-day moving averages, it remains below the 20-day and 50-day moving averages, indicating mixed signals in terms of momentum.
In the broader market context, the stock's recent performance stands in stark contrast to the Sensex, which has declined by 1.18% over the past week. This significant outperformance highlights the stock's strength relative to the market. Year-to-date, Elitecon has achieved an extraordinary return of 2015.59%, while the Sensex has only increased by 4.58%. The disparity in performance suggests that Elitecon is benefiting from specific factors that are driving investor interest, despite the overall market's challenges.