Why is Kachchh Minerals falling/rising?

As of 24-Sep, Kachchh Minerals Ltd is experiencing a price increase, currently at Rs. 58.51, reflecting a rise of Rs. 2.63 or 4.71%. The stock has recently hit a new 52-week and all-time high of Rs. 58.67 today, and it has been on a consecutive gain streak for the last eight days, accumulating a total return of 27.09% during this period. Additionally, the stock has outperformed its sector by 4.96%. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. Furthermore, there has been a significant increase in investor participation, with delivery volume rising by 323.51% against the 5-day average, suggesting heightened interest in the stock.
In the broader market context, Kachchh Minerals has significantly outperformed the benchmark Sensex over various time frames, including a 19.80% increase over the past week compared to a decline of 1.18% in the Sensex. Year-to-date, the stock has surged by 101.27%, while the Sensex has only risen by 4.58%. This stark contrast highlights the stock's strong performance relative to the market, reinforcing investor confidence and contributing to its rising price.