Why is Soma Textiles falling/rising?

As of 17-Jul, Soma Textiles & Industries Ltd is experiencing a price increase, currently at Rs. 86.26, reflecting a rise of 4.1 (4.99%). The stock has reached a new 52-week high today and has been on a consecutive gain streak for the last six days, accumulating a remarkable 91.05% return during this period. Additionally, the stock has demonstrated strong performance over various time frames, including a 150.83% increase over the past year and an impressive 912.44% rise over the last three years. Despite this positive momentum, there has been a notable decline in investor participation, with delivery volume dropping by 88.39% compared to the five-day average.
In the broader market context, Soma Textiles has significantly outperformed the benchmark Sensex, which has seen a decline of 1.12% over the past week while the stock surged by 59.71%. This stark contrast highlights the stock's strong market position and investor confidence, particularly as it has outperformed the BSE500 over the last three years, one year, and three months. The liquidity of the stock remains adequate for trading, further supporting its upward trajectory despite the recent drop in delivery volumes.