Why is Indian Link Ch. falling/rising?

As of 22-Sep, Indian Link Chain Manufacturers Ltd is experiencing a price increase, with its current price at Rs. 1,602.35, reflecting a rise of Rs. 31.35 or 2.0%. The stock has recently hit a new 52-week high today and has been on an upward trend, gaining for the last three days with a total return of 6.12% during this period. It opened with a 2% gain and has consistently traded at this price level. Additionally, the stock is performing well against its sector, outperforming by 2.24%. Over the past week, it has shown a return of 6.09%, and over the past month, it has surged by 29.40%. However, there has been a notable decline in investor participation, with delivery volume dropping by 56.2% compared to the five-day average, which could indicate a potential concern for future trading activity.
In the broader market context, the stock's short-term performance significantly outpaces the benchmark Sensex, which has only increased by 0.46% over the past week. This stark contrast highlights the stock's strong momentum relative to the overall market. Furthermore, the stock's performance over the last three years shows a remarkable return of 57.09%, compared to the Sensex's 38.97%, indicating a robust long-term growth trajectory. Despite the recent drop in delivery volume, the stock's liquidity remains adequate for trading, suggesting that while there may be some caution among investors, the overall sentiment towards Indian Link Chain Manufacturers Ltd remains positive, contributing to its rising stock price.