Why is Sri Chakra Cem. falling/rising?

As of 03-Jul, Sri Chakra Cement Ltd's stock price is currently at Rs. 39.79, reflecting an increase of Rs. 0.78 or 2.0%. The stock has been on an upward trend, having gained for the last 21 consecutive days, resulting in a remarkable 51.06% return during this period. Additionally, the stock has reached a new 52-week high today. It has significantly outperformed its sector by 2.44% and shows strong performance over various time frames, with a year-to-date return of 1105.76%. However, there has been a notable decline in investor participation, with delivery volume dropping by 68.98% against the 5-day average, which may indicate some caution among investors despite the positive price movement.
In the broader market context, Sri Chakra Cement's short-term performance stands in stark contrast to the Sensex, which has seen a decline of 0.62% over the past week while the stock itself has surged by 10.37%. This divergence suggests that the stock is experiencing strong individual momentum, likely driven by company-specific factors rather than broader market trends. The stock's liquidity remains adequate for trading, indicating that despite the drop in delivery volume, there is still sufficient market activity to support its rising price. Overall, the combination of strong recent performance and the achievement of a new high suggests a bullish sentiment among investors, even as some indicators point to reduced participation.