Why is Indian Link Ch. falling/rising?

As of 18-Sep, Indian Link Chain Manufacturers Ltd is experiencing a price increase, with its current price at Rs 1,540.20, reflecting a rise of Rs 30.2 or 2.0%. The stock has shown strong performance today, having opened with a gain of 2% and reached an intraday high of Rs 1,540.2. It is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend. Additionally, the stock is close to its 52-week high, just 2.02% away from Rs 1,571.3. Over the past week, the stock has gained 6.10%, and over the past month, it has surged by 24.28%, significantly outperforming the Sensex, which has only increased by 1.80% in the same period. Notably, there has been a remarkable increase in investor participation, with delivery volume rising by 7000.71% against the 5-day average, suggesting heightened interest and confidence in the stock.
In the broader market context, while the Sensex has shown a modest gain of 1.80% over the past week, Indian Link Chain Manufacturers Ltd has significantly outperformed this benchmark, highlighting its strong market position. The stock's impressive year-on-year return of 645.68% further underscores its robust performance compared to the Sensex's minimal increase of 0.08%. This strong upward momentum, coupled with rising investor participation and favorable trading conditions, indicates a positive sentiment surrounding the stock, contributing to its recent price rise.