Why is Grill Splendour falling/rising?

As of 03-Jul, Grill Splendour Services Ltd is experiencing a price increase, with its current price at Rs. 121.90, reflecting a rise of Rs. 5.8 or 5.0%. The stock has recently hit a new 52-week high and is outperforming its sector by 5.61%. Additionally, Grill Splendour is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. The stock has shown impressive returns, with a 1-week increase of 13.82% and a year-to-date rise of 46.69%, significantly outpacing the Sensex, which has only risen by 7.45% during the same period. There is no information available regarding positive or negative factors that could influence the stock's movement.
Broader Market Context: In the short term, Grill Splendour's performance has been notably strong compared to the benchmark, as it has gained 13.82% over the past week while the Sensex has declined by 0.56%. This divergence highlights the stock's robust performance amid broader market challenges. The rising investor participation, evidenced by a 71.05% increase in delivery volume, further supports the stock's upward trajectory, indicating growing confidence among investors. Overall, Grill Splendour's strong returns and positive trading indicators contribute to its rising stock price.