Why is Midwest Gold falling/rising?

As of 07-Jul, Midwest Gold Ltd's stock price is rising, currently at Rs. 997.35, reflecting an increase of 19.55 (2.0%). The stock has reached a new 52-week and all-time high today, outperforming its sector by 1.55%. It has been on a consecutive gain streak for the last 21 days, with a remarkable return of 51.47% over this 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. However, there has been a decline in investor participation, with delivery volume falling by 30.55% against the 5-day average, which may suggest some caution among investors despite the positive price movement.
In the broader market context, Midwest Gold's short-term performance significantly outpaces the benchmark, with a 1-week return of +10.39% compared to the Sensex's -0.20%. This stark contrast highlights the stock's strong performance relative to the overall market. Over the longer term, Midwest Gold has also shown extraordinary returns, with a year-to-date increase of 793.92% against the Sensex's 6.79%. This indicates that while the stock is experiencing a rise, the broader market is not reflecting the same level of enthusiasm, which could be a factor in the observed decrease in trading volume.