Why is Midwest Gold falling/rising?

As of 25-Jul, Midwest Gold Ltd's stock price is rising, currently at Rs. 1,315.25, reflecting an increase of Rs. 25.75 or 2.0%. The stock has reached 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 51.46% return during this period. Additionally, the stock has significantly outperformed its sector by 3.98%. It is also trading above all key moving averages, indicating strong upward momentum. However, there has been a notable decline in investor participation, with delivery volume falling by 80.76% against the 5-day average, which could suggest a potential concern for sustainability in the stock's upward trend.
In the broader market context, Midwest Gold's short-term performance has been exceptional compared to the Sensex, with a 1-week return of +10.40% against the benchmark's -0.36% and a 1-month return of +54.48% compared to the Sensex's -1.56%. This stark contrast highlights the stock's strong position in a generally declining market. While the stock's liquidity appears sufficient for trading, the drop in investor participation may warrant attention as it could impact future price movements. Overall, the stock's impressive gains and market performance are juxtaposed with concerns about declining trading volumes, which could influence its trajectory moving forward.