Why is Gabriel Pet falling/rising?

As of 15-Sep, Gabriel Pet Straps Ltd is experiencing a price increase, currently trading at Rs 262.00, which reflects a rise of 2.0 (0.77%). The stock is performing well, as it is only 2.25% away from its 52-week high of Rs 267.9. Additionally, it has outperformed its sector by 0.47% today. The stock is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 38.3% compared to the 5-day average, suggesting heightened interest in the stock.
In the broader market context, Gabriel Pet's short-term performance over the past week shows a return of +0.79%, which is slightly below the Sensex's return of +1.24%. However, the stock has demonstrated impressive year-to-date growth of 47.19%, significantly outperforming the Sensex's 4.67% increase. Over the past year, Gabriel Pet has achieved a remarkable return of 84.05%, while the Sensex has declined by 1.33%. This strong performance relative to the benchmark, coupled with rising investor interest and favorable trading conditions, contributes to the stock's upward movement.