Why is Midwest Gold falling/rising?

As of 02-Jul, Midwest Gold Ltd is experiencing a price increase, with its current price at Rs. 939.90, reflecting a rise of 18.4 points or 2.0%. The stock has hit a new 52-week and all-time high today, and it has been on a consecutive gain streak for the last 21 days, accumulating a remarkable 51.47% return during this period. Additionally, the stock has outperformed its sector by 1.23% today and is trading above all key moving averages, indicating strong upward momentum. Furthermore, investor participation has surged, with delivery volume increasing by 349.17% compared to the five-day average, suggesting heightened interest and confidence in the stock.
In the broader market context, Midwest Gold's short-term performance is significantly stronger than the benchmark, as it has gained 10.39% over the past week compared to the Sensex's 0.79% increase. Over the past month, the stock has risen by 54.50%, while the Sensex has only increased by 2.50%. This stark contrast highlights the stock's robust performance relative to the market, contributing to its rising price. Overall, the combination of strong recent gains, increased investor participation, and favorable comparisons to the benchmark underscores the reasons behind Midwest Gold's upward price movement.