Why is Grand Oak Canyon falling/rising?

As of 20-Oct, Grand Oak Canyons Distillery Ltd is experiencing a price increase, with its current price at Rs 36.97, reflecting a rise of Rs 1.76 or 5.0%. The stock has shown a strong performance today, outperforming its sector by 4.27% and achieving a consecutive gain over the last two days, with a total return of 10.23% during this period. It opened with a gain of 5% and reached an intraday high of Rs 36.97. However, despite this positive movement, there has been a notable decline in investor participation, with delivery volume falling by 44.51% against the 5-day average, indicating a potential concern regarding sustained interest in the stock.
In the broader market context, the stock's short-term performance over the past week has been significantly better than the benchmark Sensex, with a return of 8.80% compared to the Sensex's 2.47%. However, over the longer term, the stock has underperformed, with a year-to-date decline of 15.19% against the Sensex's gain of 7.97%. This contrast highlights the stock's volatility and the challenges it faces in maintaining investor confidence, despite its recent gains.