Why is Gabriel Pet falling/rising?

As of 21-Jul, Gabriel Pet Straps Ltd is experiencing a price increase, with its current price at Rs. 258.00, reflecting a rise of 6.0 or 2.38%. The stock has reached a new 52-week and all-time high today, outperforming its sector by 2.8%. Despite touching an intraday low of Rs. 245, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there is a notable decline in investor participation, as the delivery volume has fallen by 90.51% against the 5-day average, indicating a potential concern for future trading activity.
In the broader market context, Gabriel Pet's performance over the past week shows a significant return of +13.16%, while the benchmark Sensex has remained nearly flat at -0.06%. Over the past month, the stock has increased by 39.46%, contrasting sharply with the Sensex's decline of 0.25%. Year-to-date, Gabriel Pet has outperformed the benchmark significantly, with a return of 44.94% compared to the Sensex's 5.20%. This strong performance relative to the market suggests that the stock's recent rise is driven by positive investor sentiment, despite the drop in trading volume indicating a potential caution among investors.