Why is Indian Link Ch. falling/rising?

As of 29-September, Indian Link Chain Manufacturers Ltd is experiencing a price increase, currently at Rs. 1,768.95, which reflects a rise of Rs. 34.65 or 2.0%. The stock has been on an upward trend, gaining for the last eight days and achieving a total return of 17.15% during this period. Today, it reached a new 52-week high of Rs. 1,768.95 and opened with a gain of 2%. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. The delivery volume has also seen a significant increase of 141.48% compared to the 5-day average, suggesting rising investor participation, which positively impacts the stock's recent performance. There are no available details on positive or negative factors that could influence the stock's movement.
In the broader market context, Indian Link Chain Manufacturers Ltd has outperformed the benchmark Sensex, which has declined by 2.18% over the past week, while the stock itself has surged by 10.40%. Over the last month, the stock has shown a remarkable return of 34.62%, significantly surpassing the Sensex's modest gain of 0.70%. This strong performance relative to the benchmark indicates that investor sentiment towards the company remains positive, contributing to the stock's rising price amidst a generally challenging market environment.