Why is Sri Chakra Cem. falling/rising?

As of 08-Aug, Sri Chakra Cement Ltd's stock price is currently at Rs. 66.42, reflecting an increase of Rs. 1.3 or 2.0%. The stock has been on a strong upward trend, gaining 51.26% over the last 21 days and outperforming its sector by 3.25% today. It has also reached a new 52-week and all-time high of Rs. 66.42. Additionally, the stock has shown impressive returns over various periods, including a 57.36% increase over the past month and a staggering 1912.73% year-to-date. However, it is important to note that there has been a significant drop in investor participation, with delivery volume falling by 86.97% against the 5-day average, which could indicate a potential concern for future price stability.
In the broader market context, Sri Chakra Cement's short-term performance stands in stark contrast to the Sensex, which has declined by 0.92% over the past week and 4.60% over the past month. This divergence highlights the stock's strong relative performance, particularly given its substantial year-to-date gain compared to the Sensex's modest increase of 2.20%. The stock's ability to maintain higher trading levels than its moving averages further supports its bullish trend, despite the noted decline in delivery volume, which may affect liquidity and investor confidence moving forward.