Why is Globe Intl. Car. falling/rising?

As of 10-Oct, Globe International Carriers Ltd is experiencing a price increase, with its current price at Rs. 176.40, reflecting a rise of Rs. 9.5 or 5.69%. The stock has reached a new 52-week and all-time high of Rs. 177 today. It has outperformed its sector by 5% and is trading above all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 89.66% against the 5-day average. The stock's performance over various periods shows impressive returns, including a 1-month increase of 45.19% and a year-to-date rise of 80.37%.
In the broader market context, Globe International Carriers Ltd has significantly outperformed the Sensex, which has only increased by 1.57% over the past week and 1.25% over the past month. The stock's remarkable 1-year return of 194.00% and a 3-year return of 396.90% further highlight its strong performance relative to the benchmark. This robust growth indicates a strong investor sentiment and confidence in the company's future prospects, contributing to the stock's rising price.