Why is GB Logistics falling/rising?

As of 30-Jun, GB Logistics Commerce Ltd is experiencing a rise in its stock price, currently at Rs 53.99, reflecting an increase of Rs 2.3 or 4.45%. The stock has shown strong performance, gaining 25.24% over the past week and 30.98% over the past month, significantly outperforming the sector by 4.4% today. It has been on a consecutive gain streak for the last five days, reaching an intraday high of Rs 53.99. 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 decline in investor participation, with delivery volume decreasing by 9.09% against the 5-day average, which may suggest some caution among investors.
In the broader market context, the stock's short-term performance is notably strong compared to the benchmark Sensex, which has only increased by 2.09% over the past week and 2.65% over the past month. This substantial outperformance indicates that GB Logistics is gaining traction in a relatively stable market environment. While the stock's liquidity appears sufficient for trading, the falling delivery volume may warrant attention as it could impact future price movements if the trend continues. Overall, the combination of strong recent returns and a favorable comparison to the benchmark supports the stock's rising price.