Why is Midwest Gold falling/rising?

As of 28-Jul, Midwest Gold Ltd's stock price is rising, currently at Rs. 1,341.55, reflecting an increase of 26.3 points 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, resulting in a remarkable 51.46% return 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 notable decline in investor participation, with delivery volume falling by 65.62% against the 5-day average, which could suggest a potential concern regarding sustained interest in the stock.
In the broader market context, Midwest Gold's performance has significantly outpaced the Sensex, which has declined by 1.59% over the past week, while Midwest Gold has surged by 10.40%. Year-to-date, the stock has achieved an extraordinary return of 1102.43%, contrasting sharply with the Sensex's modest gain of 3.52%. This stark difference highlights the stock's strong performance relative to the benchmark, reinforcing the positive sentiment surrounding Midwest Gold despite the recent drop in trading volume.