Why is Midwest Gold falling/rising?

As of 23-Sep, Midwest Gold Ltd's stock price is rising, currently at Rs. 2,670.50, reflecting an increase of Rs. 127.15 or 5.0%. 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 eight days, accumulating a remarkable 43.48% return during this period. Additionally, the stock has significantly outperformed its sector by 6.58% today. Over the past week, it has surged by 27.62%, and year-to-date, it has shown an extraordinary increase of 2,293.56%. Despite this positive momentum, there has been a notable decline in investor participation, with delivery volume dropping by 71.03% compared to the five-day average.
Broader Market Context: In contrast to the stock's impressive performance, the benchmark Sensex has experienced a slight decline of 0.34% over the past week. This stark difference highlights the strength of Midwest Gold's recent gains, particularly as it has outperformed the broader market significantly. While the stock's volatility has been high, with an intraday fluctuation of 5%, it remains above its moving averages across various time frames, indicating a strong upward trend. The liquidity of the stock is adequate for trading, further supporting its rising price amidst a generally subdued market environment.