Why is Indian Link Ch. falling/rising?

As of 10-Oct, Indian Link Chain Manufacturers Ltd is experiencing a price increase, currently at Rs. 1,885.40, which reflects a rise of Rs. 36.95 or 2.0%. The stock has reached 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. Additionally, the stock has significantly outperformed the sector by 1.52%. Over the past month, the stock has surged by 32.47%, and over the past year, it has shown an impressive increase of 812.81%. However, it is worth noting that there has been a decline in investor participation, with delivery volume dropping by 84.33% against the five-day average, which may indicate a potential concern for future trading activity.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by 1.59% over the past week, Indian Link Chain Manufacturers Ltd has outperformed with a gain of 1.91%. This trend continues as the stock's performance over the past month and year significantly exceeds that of the benchmark, highlighting strong investor interest despite the recent drop in delivery volumes. The stock's consistent trading above its moving averages further supports its bullish momentum, suggesting a favorable outlook in the context of the broader market.