Why is Midwest Gold falling/rising?

As of 30-Jul, Midwest Gold Ltd is experiencing a price increase, currently at Rs 1,395.70, which reflects a rise of 27.35 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 51.46% return during this period. Additionally, the stock has significantly outperformed the sector by 1.39% today and is trading above all key moving averages, indicating strong upward momentum. However, there is a notable decline in investor participation, with delivery volume dropping by 71.37% compared to the 5-day average, which could be a concern for future trading activity.
In the broader market context, the stock's performance over the past week shows a substantial gain of 10.40%, while the benchmark Sensex has declined by 1.50%. Over the past month, Midwest Gold has surged by 54.49%, contrasting sharply with the Sensex's drop of 2.54%. Year-to-date, the stock has skyrocketed by 1150.96%, significantly outperforming the Sensex's modest gain of 4.28%. This stark difference in performance highlights the stock's strong appeal and investor confidence, despite the recent drop in trading volume.