Why is Thacker & Co. falling/rising?

As of 13-Jun, Thacker & Company Ltd's stock price is rising, currently at Rs 1,890.00, reflecting a change of Rs 140.0 or 8.0%. The stock has shown strong performance today, outperforming its sector by 8.59% and reaching an intraday high of Rs 1,949.4, which is an increase of 11.39%. Over the past week, the stock has surged by 30.34%, and in the last month, it has gained 41.32%. Despite a year-to-date decline of 4.30%, the stock has generated impressive returns of 84.70% over the past year and 498.29% over the past three years. The company maintains a low debt-to-equity ratio, which is favorable, and has consistently outperformed the BSE 500 in both the long and near term.
In the broader market context, while Thacker & Company has experienced significant short-term gains, the benchmark Sensex has seen a slight decline of 1.30% over the past week. This indicates that Thacker & Company is not only rising in price but is also gaining traction against a backdrop of a generally weak market. However, it is worth noting that there has been a significant drop in investor participation, with delivery volume falling by 97.31% against the five-day average, which could raise concerns about sustainability in the stock's upward momentum. Despite this, the stock's liquidity remains adequate for trading, suggesting that while the stock is currently rising, the volatility and reduced investor engagement may warrant caution moving forward.