Why is Hemant Surgical falling/rising?

As of 11-Sep, Hemant Surgical Industries Ltd is experiencing a price increase, currently at Rs. 333.30, which reflects a rise of Rs. 6.5 or 1.99%. The stock has reached a new 52-week and all-time high today, and it has been on a consecutive gain streak for the last six days, accumulating a total return of 10.44% during this period. Additionally, the stock has significantly outperformed its sector by 2.51%. Over the past week, it has shown a remarkable return of 10.36%, and year-to-date, it has surged by 164.10%. However, it is important to note that there has been a decline in investor participation, with delivery volume dropping by 84.44% compared to the five-day average, indicating a potential concern regarding sustained interest in the stock.
In the broader market context, Hemant Surgical's recent performance stands in stark contrast to the Sensex, which has only increased by 1.03% over the past week. This substantial outperformance highlights the stock's strong momentum relative to the overall market. The stock's current trading position above all key moving averages further supports its upward trajectory. Despite the drop in delivery volume, the stock remains liquid enough for trading, suggesting that while investor participation may be waning, the stock's price movement is still robust, driven by strong historical performance and recent gains.