Why is Indian Link Ch. falling/rising?

As of 10-Nov, Indian Link Chain Manufacturers Ltd is experiencing a price increase, with its current price at Rs. 2,127.30, reflecting a rise of 101.3 points or 5.0%. The stock has recently hit a new 52-week high today and has outperformed its sector by 7.71%. It has been on a consecutive gain streak for the last five days, accumulating a total return of 27.62% during this period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. However, there has been a notable decline in investor participation, with delivery volume falling by 30.05% against the 5-day average, which could suggest a potential concern for sustained growth.
In the broader market context, Indian Link Chain Manufacturers Ltd has significantly outperformed the benchmark Sensex over the past week, with a return of 21.55% compared to the Sensex's decline of 0.53%. Over the past month, the stock has also shown a strong performance with a return of 12.83%, while the Sensex has only increased by 1.25%. This stark contrast highlights the stock's robust performance relative to the market, despite the overall trading in the sector declining by 2.73%. The liquidity of the stock remains adequate for trading, which may support its continued upward trajectory in the near term.