Why is Midwest Gold falling/rising?

As of 03-Nov, Midwest Gold Ltd is experiencing a price increase, currently at 2,396.55, reflecting a rise of 114.1 or 5.0%. The stock has shown strong performance today, outperforming its sector by 3.76% and marking its seventh consecutive day of gains, with an overall return of 18.08% during this period. It opened with a gain of 5% and reached an intraday high of Rs 2396.55. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 73.37% against the 5-day average, which may suggest some caution among investors despite the stock's upward movement.
In the broader market context, Midwest Gold's short-term performance has significantly outpaced the benchmark Sensex, which has seen a decline of 0.94% over the past week while Midwest Gold has gained 13.50%. This stark contrast highlights the stock's strong relative performance. Year-to-date, Midwest Gold has an extraordinary return of 2048.02%, compared to the Sensex's more modest 7.47%. The liquidity of the stock remains adequate for trading, as it is based on 2% of the 5-day average traded value, allowing for transactions of Rs 0.02 crore. Overall, while the stock is rising, the decrease in delivery volume may warrant attention as it could indicate potential volatility ahead.