Why is GP Eco Solutions falling/rising?

As of 10-Jul, GP Eco Solutions India Ltd is experiencing a rise in its stock price, currently at Rs. 541.80, reflecting an increase of Rs. 25.8 or 5.0%. The stock has reached a new 52-week and all-time high today, outperforming its sector by 5.12%. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a significant return of +19.58%, and year-to-date, it has surged by +102.35%. However, there has been a decline in investor participation, with delivery volume falling by 31.01% against the 5-day average, indicating a potential concern regarding sustained interest in the stock.
In the broader market context, GP Eco Solutions has significantly outperformed the Sensex, which has seen a slight decline of 0.20% over the past week, while the stock has risen sharply. The company's strong year-to-date performance of +102.35% compared to the Sensex's +7.23% further highlights its robust position in the market. Despite the positive price movement, the drop in delivery volume may suggest caution among investors, which could impact future trading activity. Overall, while the stock is currently rising, the decrease in participation could be a factor to monitor moving forward.