Why is Kachchh Minerals falling/rising?

As of 27-Jun, Kachchh Minerals Ltd is experiencing a price increase, currently at Rs. 49.34, which reflects a rise of 0.96 or 1.98%. The stock has recently hit a new 52-week and all-time high today. It has outperformed its sector by 1.25% and has shown a remarkable performance over the last 10 days, gaining 32.1%. Additionally, the stock has demonstrated strong returns over various periods, including a 69.73% increase year-to-date and a staggering 3449.64% rise over the past five years. However, there has been a slight decline in investor participation, with delivery volume falling by 7.93% against the five-day average, which may indicate some caution among investors.
In the broader market context, Kachchh Minerals' short-term performance has significantly outpaced the benchmark Sensex, which has only increased by 2.00% over the past week compared to the stock's impressive 10.36% rise. This strong relative performance suggests that investor sentiment towards Kachchh Minerals is particularly positive, despite the recent dip in delivery volume. The stock's ability to trade above all key moving averages further supports its upward momentum, indicating a strong bullish trend in the market.