Why is Goldkart Jewels falling/rising?

As of 17-Sep, Goldkart Jewels Ltd is currently priced at 255.40, reflecting a slight increase of 0.4 (0.16%). The stock has recently hit a new 52-week and all-time high of Rs.267, indicating strong upward momentum. Over the past week, the stock has gained 9.61%, and it has shown impressive returns of 21.71% over the past month and 50.24% over the past year, significantly outperforming the Sensex, which has only increased by 2.84% and declined by 0.35% respectively over the same periods. However, there is a notable decrease in investor participation, with delivery volume dropping by 74.36% against the 5-day average, which could indicate a potential concern for future price stability.
Broader Market Context: In the context of the broader market, Goldkart Jewels has outperformed the Sensex in both short-term and long-term returns, showcasing a robust performance relative to the benchmark. While the stock has demonstrated strong liquidity, trading above all key moving averages, the significant drop in delivery volume may suggest that the recent price increases could be driven by fewer active investors. This divergence between price performance and investor participation could lead to volatility if the trend continues.