Why is Gabriel Pet falling/rising?

As of 26-Jun, Gabriel Pet Straps Ltd is experiencing a price increase, currently at Rs 205.50, which reflects a rise of Rs 8.4 or 4.26%. The stock has shown strong performance today, having opened with a gain of 4.9% and reaching an intraday high of Rs 207. It is also close to its 52-week high, being only 1.22% away. Over the past week, the stock has outperformed its sector by 3.34% and has gained 11.08% over the last week. However, there is a notable decline in investor participation, with delivery volume dropping by 49.04% against the 5-day average, which may indicate some caution among investors despite the positive price movement.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by 2.94% over the past week, Gabriel Pet's return of 11.08% demonstrates a significant outperformance. The stock has also outperformed the benchmark over the past month and year-to-date, with returns of 12.42% and 15.45%, respectively. This strong relative performance suggests that investor sentiment towards Gabriel Pet remains positive, contributing to its rising stock price despite the recent decline in trading volume.