Why is Indian Link Ch. falling/rising?

As of 04-Jul, Indian Link Chain Manufacturers Ltd is experiencing a price increase, currently at Rs. 931.00, which reflects a rise of Rs. 18.25 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 with a total return of 51.44% during this period. Additionally, the stock has outperformed its sector by 9.71% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a notable decline in investor participation, with delivery volume falling by 53.02% against the 5-day average, indicating a potential concern regarding sustained interest in the stock.
In the broader market context, Indian Link Chain Manufacturers Ltd has significantly outperformed the benchmark Sensex over the past week, with a return of 10.39% compared to the Sensex's decline of 0.74%. Over the past month, the stock has surged by 54.47%, while the Sensex has only increased by 3.01%. This strong performance suggests that the stock is gaining traction among investors, despite the overall market trading activity in the sector declining by 7.72%. The combination of positive stock-specific factors and a stark contrast to the benchmark performance highlights the stock's robust upward momentum.