Why is Indokem falling/rising?

As of 06-Nov, Indokem Ltd's stock price is rising, currently at Rs. 771.10, reflecting an increase of Rs. 36.7 or 5.0%. The stock has reached a new 52-week and all-time high today, outperforming its sector by 8.04%. It has been on a consecutive gain streak for the last four days, with a notable 16.1% return over that 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. The rising investor participation is also evident, with delivery volume increasing by 8.94% against the 5-day average, contributing positively to the stock's recent performance. There is no information available regarding positive or negative factors that may have influenced the stock's movement. Broader market context shows that while Indokem's stock has surged significantly, with a year-to-date increase of 681.26% and a one-year return of 861.83%, the benchmark Sensex has only risen by 6.62% year-to-date and 3.65% over the past year. This stark contrast highlights Indokem's exceptional performance relative to the broader market, particularly in the short term, where it has gained 16.10% over the past week while the Sensex has declined by 1.30%. Such a divergence suggests that Indokem is experiencing strong investor interest and confidence, setting it apart from the general market trends.