Why is Sri Chakra Cem. falling/rising?

As of 24-Jul, Sri Chakra Cement Ltd is experiencing a price increase, with its current price at Rs. 53.46, reflecting a rise of Rs. 1.04 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 51.23% return during this period. Additionally, the stock has outperformed its sector by 2.33%. Over the past week, it has shown a substantial increase of 10.32%, and for the month, it has surged by 54.24%. However, there has been a noted decline in investor participation, with delivery volume falling by 29.39% against the 5-day average, which may indicate some caution among investors.
In the broader market context, while the Sensex has remained relatively flat with a slight decline of 0.09% over the past week, Sri Chakra Cement's strong performance stands out significantly, especially with a year-to-date return of 1520.00% compared to the Sensex's 5.18%. This stark contrast highlights the stock's exceptional growth relative to the market. The stock's consistent trading above its moving averages further supports its upward momentum, indicating a strong bullish trend despite the recent drop in delivery volume. Overall, the combination of strong returns and recent price performance contributes to the stock's rising trajectory.