Why is Globe Intl. Car. falling/rising?

As of 19-Sep, Globe International Carriers Ltd is experiencing a price increase, with its current price at Rs. 146.65, reflecting a rise of Rs. 7.05 or 5.05%. The stock has recently hit a new 52-week and all-time high of Rs. 148.7 today. It has outperformed its sector by 5.71% and is trading above all key moving averages, indicating strong momentum. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 641.13% compared to the 5-day average. The stock has shown impressive returns over various periods, including a 49.95% increase year-to-date and a staggering 294.22% increase over three years.
In the broader market context, Globe International Carriers Ltd has significantly outperformed the Sensex, which has only increased by 0.85% over the past week while the stock itself has risen by 19.08%. This trend of outperformance continues across multiple time frames, with the stock gaining 24.97% in the past month compared to the Sensex's 1.39%. The strong liquidity of the stock, indicated by its trading volume, further supports its upward movement, suggesting a favorable environment for continued growth.