Why is Indian Link Ch. falling/rising?

As of 02-Jul, Indian Link Chain Manufacturers Ltd is experiencing a price increase, with its current price at Rs. 894.90, reflecting a rise of Rs. 17.5 or 1.99%. The stock has hit a new 52-week high today and has shown impressive performance, gaining 51.45% over the last 21 days. Additionally, it has outperformed its sector by 1.22%. The stock's returns over various periods are also noteworthy, with a 1-week increase of 10.39% and a staggering 1-year return of 347.56%. However, it is important to note that there has been a significant drop in investor participation, with delivery volume falling by 48.91% against the 5-day average, which could indicate a potential concern for future price stability.
In the broader market context, Indian Link Chain Manufacturers Ltd has significantly outperformed the Sensex, which has only increased by 0.79% over the past week, while the stock itself has risen by 10.39%. This strong performance relative to the benchmark highlights the stock's robust momentum in the short term. Despite the falling investor participation, the stock remains liquid enough for trading, suggesting that there is still interest among investors. Overall, the combination of strong recent gains and the stock's ability to maintain higher trading levels than its moving averages contributes to its rising price trend.