Why is Euro Asia Export falling/rising?

As of 07-Aug, Euro Asia Exports Ltd is experiencing a price increase, with its current price at Rs. 295.00, reflecting a rise of Rs. 5.75 or 1.99%. The stock has hit a new 52-week and all-time high today, and it has been on a consecutive gain streak for the last 21 days, resulting in a substantial 51.24% return during this period. Additionally, the stock has significantly outperformed the sector by 2.71%. Over various time frames, the stock has shown remarkable returns, including a year-to-date increase of 1424.55% and a one-year increase of 1632.24%. However, there has been a notable decline in investor participation, with delivery volume dropping by 73.68% against the 5-day average, which may indicate some caution among investors despite the stock's strong performance.
In the broader market context, Euro Asia Exports Ltd's short-term performance stands in stark contrast to the benchmark Sensex, which has declined by 0.69% over the past week while the stock has surged by 10.36%. This divergence highlights the stock's strong momentum and investor confidence relative to the overall market. Despite the falling investor participation, the stock's liquidity remains adequate for trading, suggesting that while some investors may be pulling back, the overall demand for the stock continues to drive its price upward.