Why is Indian Link Ch. falling/rising?

As of 19-Sep, Indian Link Chain Manufacturers Ltd is experiencing a price increase, with its current price at Rs 1,571.00, reflecting a rise of Rs 30.8 or 2.0%. The stock has shown strong performance recently, gaining 4.04% over the last two days and outperforming its sector by 2.46% today. It opened with a 2% gain and has been trading consistently at this price, just 0.02% away from its 52-week high of Rs 1,571.3. Additionally, the stock has impressive returns over various periods, including a remarkable 660.59% increase over the past year, indicating strong investor interest despite a slight decline in delivery volume.
In the broader market context, Indian Link Chain Manufacturers Ltd has significantly outperformed the Sensex, which has only increased by 0.88% over the past week compared to the stock's 6.10% rise. Over the past month, the stock has risen by 24.28%, while the Sensex has only gained 1.20%. This strong performance relative to the benchmark suggests that investor sentiment towards the company remains positive, despite a noted decrease in delivery volume, which could indicate a potential concern for future liquidity. Overall, the stock's upward trajectory is supported by its strong historical performance and current trading above key moving averages.