Why is Gabriel Pet falling/rising?

As of 01-Aug, Gabriel Pet Straps Ltd is currently priced at 256.00, with no change in price (0.00%). The stock has shown strong performance over the past month, with a return of +14.31%, significantly outperforming the Sensex, which has declined by -3.70% during the same period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a notable decrease in investor participation, with delivery volume falling by -38.36% against the 5-day average, which could suggest a lack of confidence among investors. The stock is also close to its 52-week high, being only 4.65% away from Rs 267.9.
Broader Market Context: In the context of the broader market, while Gabriel Pet has performed well with a year-to-date return of +43.82%, the overall market, represented by the Sensex, has only increased by +3.15%. This stark contrast highlights the stock's strong relative performance. However, the textile sector, in which Gabriel Pet operates, has seen a decline of -2.86%, indicating challenges within the industry that could affect future performance. Despite these sector challenges, Gabriel Pet's strong returns and positive moving averages suggest resilience, although the drop in investor participation may raise concerns about sustained momentum.