Why is Gabriel Pet falling/rising?

As of 16-Sep, Gabriel Pet Straps Ltd is experiencing a price increase, currently at Rs. 275.10, reflecting a rise of 13.1 points or 5.0%. The stock has reached a new 52-week and all-time high today, outperforming its sector by 3.55%. It has shown consistent gains over the last two days, with a total return of 5.81% in the past week. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 31.03% compared to the 5-day average, which may suggest a potential concern for future momentum.
Broader Market Context: In the context of the broader market, Gabriel Pet's performance over the past week has significantly outpaced the Sensex, which has only increased by 1.58% during the same period. Over the past month, Gabriel Pet has also outperformed the benchmark, with a return of 6.09% compared to the Sensex's 2.21%. Year-to-date, the stock has surged by 54.55%, while the Sensex has only gained 5.43%. This strong relative performance indicates that Gabriel Pet is not only benefiting from company-specific factors but is also positioned favorably against the broader market trends.