Why is Lerthai Finance falling/rising?

As of 30-Oct, Lerthai Finance Ltd. is experiencing a price increase, currently at Rs. 754.85, which reflects a rise of Rs. 34.85 or 4.84%. The stock has reached a new 52-week and all-time high today, outperforming its sector by 4.99%. It opened with a gain of 4.84% and has maintained this price throughout the trading day. Additionally, Lerthai Finance has shown impressive returns over various periods, including a 46.72% increase year-to-date and a remarkable 285.13% rise over the past five years. However, there has been a significant drop in investor participation, with delivery volume falling by 97.09% against the five-day average, which may indicate some caution among investors.
In the broader market context, Lerthai Finance's short-term performance has significantly outpaced the benchmark Sensex, which has seen a slight decline of 0.18% over the past week while Lerthai Finance has risen by 13.17%. This strong performance relative to the benchmark suggests that the stock is gaining traction among investors despite the recent drop in trading volume. The liquidity of the stock remains adequate for trading, which could support its upward momentum in the near term. Overall, the combination of reaching new highs and strong historical performance contributes to the stock's rising price, even as investor participation shows signs of decline.