Why is Gautam Exim falling/rising?

As of 28-Aug, Gautam Exim Ltd is experiencing a price increase, with the current price at 300.80, reflecting a rise of 5.8 or 1.97%. The stock has reached a new 52-week and all-time high today, outperforming its sector by 3.01%. It has shown strong performance over various periods, with a 1-week return of +7.39% and a remarkable 1-year return of +382.83%. However, there is a noted decline in investor participation, as the delivery volume has fallen by 52.38% against the 5-day average, which may indicate some caution among investors despite the stock's upward movement.
In the broader market context, Gautam Exim's recent performance stands in stark contrast to the Sensex, which has declined by 2.34% over the past week. This significant outperformance highlights the stock's strength relative to the overall market. Additionally, Gautam Exim's year-to-date return of +83.14% far exceeds the Sensex's modest gain of +2.48%, reinforcing its position as a strong performer in a challenging market environment. The stock's consistent trading above its moving averages further supports its bullish trend, despite the recent drop in trading volume.