Why is IFB Agro Inds. falling/rising?

As of 12-Nov, IFB Agro Industries Ltd is experiencing a price increase, with its current price at Rs. 1,609.45, reflecting a rise of Rs. 94.2 or 6.22%. The stock has recently hit a new 52-week and all-time high of Rs. 1,639.25, showcasing strong performance as it has outperformed its sector by 6.55%. Over the past two days, the stock has gained 11.17%, contributing to impressive returns of 65.55% over the last month and 175.61% year-to-date. However, there has been a notable decline in investor participation, with delivery volume dropping by 42.14% against the 5-day average, which may indicate a potential concern for sustained momentum.
Broader market context shows that while IFB Agro Industries Ltd has significantly outperformed the benchmark Sensex, which has only risen by 1.21% over the past week, the stock's strong performance over longer periods is also evident, with a 184.86% increase over the past year compared to the Sensex's 7.36%. This substantial outperformance highlights investor confidence in IFB Agro Industries Ltd, despite the recent drop in trading volume suggesting a cautious approach among some investors. Overall, the stock's upward movement is supported by strong historical returns and recent price achievements, even as liquidity concerns arise.