Why is Swadeshi Inds falling/rising?

As of 02-Jul, Swadeshi Industries & Leasing Ltd's stock price is currently at Rs. 24.36, reflecting an increase of Rs. 0.47 or 1.97%. The stock has reached a new 52-week high today and has been on a positive trajectory, gaining for the last 21 days with a total return of 50.74% during this period. Additionally, the stock has significantly outperformed the sector by 1.2%. Over the past year, it has generated an impressive return of 954.55%, far exceeding the market's performance. Despite this, there has been a notable decline in investor participation, with delivery volume dropping by 98.39% compared to the 5-day average. The stock's attractive valuation, indicated by a return on equity of 11.4 and a price-to-book value of 2.9, supports its recent price movement.
In the broader market context, Swadeshi Industries has outperformed the benchmark index, the Sensex, with a 1-week return of 10.28% compared to the Sensex's 0.79%. This trend continues over the past month, where the stock has risen by 53.69% against the Sensex's 2.50%. The stock's remarkable performance over the last year, coupled with its strong fundamentals, suggests a robust market position. However, the significant drop in trading volume may indicate a potential concern regarding liquidity, which could affect future price movements. Overall, the stock's rising price is supported by strong historical returns and positive valuation metrics, despite the recent decline in investor participation.