Why is Gabriel Pet falling/rising?

As of 04-Sep, Gabriel Pet Straps Ltd is experiencing a price increase, currently at Rs 260.00, reflecting a rise of Rs 3.5 or 1.36%. The stock has shown a positive trend, gaining after two consecutive days of decline. It is currently trading close to its 52-week high, just 3.04% away from Rs 267.9. Additionally, the stock has outperformed its sector by 2.43% today and is trading above all key moving averages, indicating strong momentum. The recent increase in delivery volume, which rose by 114.29% against the 5-day average, suggests rising investor participation, contributing positively to the stock's performance.
In the broader market context, Gabriel Pet's short-term return over the past week is +1.56%, which outpaces the Sensex's return of +0.80% during the same period. Over the past month, the stock has also outperformed the benchmark, returning +1.48% compared to the Sensex's -0.37%. Year-to-date, Gabriel Pet has significantly outperformed the Sensex, with a return of +46.07% versus the benchmark's +3.30%. This strong performance relative to the market indicates that investor sentiment towards Gabriel Pet remains positive, contributing to its rising stock price.