Why is Indian Link Ch. falling/rising?

As of 30-Jun, Indian Link Chain Manufacturers Ltd is experiencing a price increase, currently at Rs. 860.20, which reflects a rise of Rs. 16.85 or 2.0%. The stock has been on a positive trajectory, gaining for the last 21 days and achieving a remarkable 51.44% return over that period. Today, it reached a new 52-week high of Rs. 860.20, opening with a 2% gain. Despite this upward movement, it underperformed its sector by 0.39%, and there has been a notable decline in investor participation, with delivery volume falling by 14.01% against the 5-day average. The stock is currently trading above its moving averages, indicating strong momentum.
In the broader market context, the stock's performance over the past week shows a return of 10.39%, significantly outpacing the Sensex's 2.09% increase. Over the past month, Indian Link Chain Manufacturers Ltd has also outperformed the benchmark, with a return of 51.44% compared to the Sensex's 2.65%. This strong performance relative to the market suggests that investor sentiment remains positive despite the recent dip in trading volume, indicating that the stock's rise is supported by broader market trends favoring the sector.