Why is Indian Link Ch. falling/rising?

As of 16-Sep, Indian Link Chain Manufacturers Ltd is experiencing a price increase, currently at Rs. 1,540.50, which reflects a rise of Rs. 30.2 or 2.0%. The stock has been on an upward trend, gaining for the last nine days and achieving a total return of 19.42% during this period. Today, it reached a new 52-week high of Rs. 1,540.50 and opened with a gain of 2%. The stock is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 93.12% compared to the 5-day average, suggesting heightened interest in the stock.
In the broader market context, Indian Link Chain Manufacturers Ltd has significantly outperformed the benchmark Sensex, with a weekly return of +10.40% compared to the Sensex's +1.58%. Over the past month, the stock has increased by 26.79%, while the Sensex has only risen by 2.21%. This strong performance is further highlighted by the stock's remarkable 1-year return of +682.97%, contrasting sharply with the Sensex's decline of -0.73%. The positive momentum in the stock's price, coupled with its strong performance relative to the benchmark, underscores a robust investor sentiment and market confidence in Indian Link Chain Manufacturers Ltd.