Why is Indian Link Ch. falling/rising?

As of 24-Jun, Indian Link Chain Manufacturers Ltd is experiencing a price increase, with its current price at Rs. 794.80, reflecting a rise of Rs. 15.55 or 2.0%. The stock has reached a new 52-week high today and has been on a positive trajectory, gaining for the last 21 consecutive days, resulting in a total return of 51.3% during this period. Additionally, the stock has significantly outperformed its sector by 2.31%. In terms of returns compared to the benchmark, the stock has shown impressive performance over various periods, including a 54.33% increase over the past month and a remarkable 297.40% rise over the past year. However, it is worth noting that there has been a significant drop in investor participation, with delivery volume falling by 92.66% against the 5-day average.
Broader Market Context: The stock's short-term performance has outstripped the benchmark Sensex, which has only increased by 0.58% over the past week. This indicates that Indian Link Chain Manufacturers Ltd is not only performing well on its own but is also gaining traction relative to the broader market. The stock's ability to maintain trading above its moving averages further supports its upward momentum. Despite the decline in delivery volume, which may suggest reduced investor interest, the overall price movement and consistent gains indicate strong underlying demand for the stock.