Why is Fraser & Company falling/rising?

As of 17-Oct, Fraser and Company Ltd's stock price is currently at 8.95, reflecting an increase of 0.81 or 9.95%. The stock has shown strong performance recently, with a consecutive gain over the last two days, resulting in a total return of 20.95% during this period. Additionally, Fraser and Company has outperformed its sector by 9.97% today. The stock's returns over various periods are impressive, with a 1-week gain of 9.82%, a 1-month gain of 18.07%, and a remarkable 1-year increase of 72.12%. However, it is worth noting that there has been a significant drop in investor participation, with delivery volume falling by 52.52% against the 5-day average, which could indicate a potential concern for future trading activity.
In the broader market context, Fraser and Company has significantly outperformed the Sensex, which has only increased by 1.76% over the past week, while Fraser's stock rose by nearly 10%. This trend of outperformance is consistent across multiple time frames, with Fraser's year-to-date return of 10.09% surpassing the Sensex's 7.44%. The stock is also trading above its moving averages, suggesting a positive momentum. Despite the decline in delivery volume, the liquidity remains adequate for trading, indicating that while there may be some caution among investors, the overall market sentiment towards Fraser and Company remains bullish.