Why is Ramchandra Leas. falling/rising?

As of 16-Jul, Ramchandra Leasing and Finance Ltd's stock price is currently at Rs. 4.87, reflecting an increase of Rs. 0.23 or 4.96%. The stock has reached a new 52-week high today and has been on a positive trajectory, gaining for the last 16 consecutive days with a total return of 67.93% during this period. Additionally, the stock has significantly outperformed the sector by 5.19%. Over the past week, it has shown a remarkable return of 27.49%, and over the past month, it has increased by 61.79%. However, there is a noted decline in investor participation, with delivery volume decreasing by 3.77% compared to the 5-day average, which may indicate a potential concern for future momentum.
Broader Market Context: In comparison to the benchmark Sensex, which has decreased by 1.08% over the past week, Ramchandra Leasing and Finance Ltd's strong performance highlights its resilience and attractiveness to investors. The stock's year-to-date return of 41.16% also surpasses the Sensex's 5.75% increase, further emphasizing its outperformance in the market. Despite the falling delivery volume, the overall liquidity remains adequate for trading, suggesting that the stock's upward movement is supported by strong underlying performance rather than speculative trading.