Why is Sri Chakra Cem. falling/rising?

As of 04-Aug, Sri Chakra Cement Ltd is experiencing a price increase, currently at Rs. 61.38, reflecting a rise of 1.2 or 1.99%. The stock has reached a new 52-week high today and has been on a positive trajectory, gaining for the last 21 consecutive days. Over the past week, the stock has outperformed the sector by 0.96% and has shown impressive returns of 51.26% over the last month. Additionally, it is trading above all key moving averages, indicating strong upward momentum. The rising investor participation, evidenced by a 39.72% increase in delivery volume, further supports the stock's positive movement. There are no positive or negative factors explicitly mentioned, but the overall performance suggests a favorable market sentiment towards the stock.
In the broader market context, Sri Chakra Cement's short-term performance significantly outpaces the benchmark, with a 10.38% gain over the past week compared to a mere 0.16% increase in the Sensex. Furthermore, the stock's year-to-date return of 1760.00% starkly contrasts with the Sensex's modest 3.69% increase, highlighting its exceptional performance relative to the broader market. This strong outperformance indicates that investor confidence in Sri Chakra Cement is robust, contributing to its rising stock price amidst a generally stable market environment.