Why is Sri Chakra Cem. falling/rising?

As of 26-Jun, Sri Chakra Cement Ltd's stock price is rising, currently at Rs. 36.05, reflecting an increase of Rs. 0.7 or 1.98%. The stock has reached a new 52-week high today and has been on a positive trajectory, gaining for the last 21 consecutive days, resulting in a remarkable 50.9% return during this period. Additionally, the stock has significantly outperformed its sector by 0.33%. The stock's performance over the past week shows a return of 10.31%, and over the past month, it has surged by 56.88%. Notably, the stock is trading above all key moving averages, indicating strong upward momentum. Furthermore, there has been a substantial increase in investor participation, with delivery volume rising by 295.98% compared to the 5-day average, suggesting heightened interest and confidence among investors.
In the broader market context, Sri Chakra Cement's performance has significantly outpaced the benchmark Sensex, which has only increased by 2.94% over the past week and 1.92% over the past month. Year-to-date, the stock has achieved an extraordinary return of 992.42%, compared to the Sensex's 7.19%, highlighting its exceptional growth relative to the overall market. This strong performance, coupled with rising investor participation and consistent gains, reflects a robust demand for the stock, contributing to its upward price movement.