Why is Gabriel Pet falling/rising?

As of 17-Sep, Gabriel Pet Straps Ltd is experiencing a rise in its stock price, currently at Rs. 285.00, reflecting an increase of Rs. 9.9 or 3.6%. The stock has recently outperformed its sector by 2.59% and has been on a positive trend, gaining for the last three days with a total return of 9.62% during this period. Additionally, it reached a new 52-week and all-time high of Rs. 288.85 today. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. However, there has been a notable decline in investor participation, with delivery volume dropping by 38.6% compared to the 5-day average, which could suggest a potential concern for future trading activity.
Broader Market Context: In the context of the broader market, Gabriel Pet's short-term performance has significantly outpaced the Sensex, which has only increased by 1.56% over the past week. The stock's year-to-date return of 60.11% also stands in stark contrast to the Sensex's 5.83% increase, showcasing its strong relative performance. Over the past year, Gabriel Pet has achieved a remarkable return of 119.40%, while the Sensex has seen a slight decline of 0.46%. This robust performance relative to the benchmark indicates that investor sentiment towards Gabriel Pet remains positive, despite the recent drop in delivery volume.