Why is Indian Link Ch. falling/rising?

As of 01-Jul, Indian Link Chain Manufacturers Ltd is experiencing a price increase, with its current price at Rs. 877.40, reflecting a rise of Rs. 17.2 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 days with a total return of 51.45% during this period. Additionally, the stock has outperformed its sector by 2.86% today and is trading above all key moving averages, indicating strong momentum. However, there has been a notable decline in investor participation, with delivery volume dropping by 46.67% against the 5-day average, which could be a concern for future price stability.
In the broader market context, the stock's performance over the past week shows a return of 10.39%, significantly outperforming the Sensex, which has only increased by 2.00% during the same period. Over the past month, Indian Link Chain Manufacturers Ltd has achieved a remarkable return of 54.47%, compared to the Sensex's 2.76%. This strong performance relative to the benchmark suggests that the stock is gaining investor confidence, despite the recent drop in delivery volume, which may indicate a temporary pullback in trading activity.