Why is Grill Splendour falling/rising?

As of 08-Jul, Grill Splendour Services Ltd is currently priced at Rs. 126.00, showing no change (0.00%). The stock has recently hit a new 52-week high of Rs. 128, indicating a positive upward movement. Over the past week, the stock has increased by 12.50%, significantly outperforming the Sensex, which has seen a slight decline of 0.08%. However, despite this positive performance, the stock has underperformed its sector by 0.28% today. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 45.31% compared to the 5-day average, which may indicate a lack of sustained buying interest.
In the broader market context, Grill Splendour's year-to-date return of 51.62% far exceeds the Sensex's return of 7.94%, showcasing strong relative performance. However, the stock's recent underperformance against its sector and declining investor participation could suggest potential caution among investors. The stock is trading above all its moving averages, which typically indicates a bullish trend, but the drop in delivery volume raises concerns about liquidity and ongoing demand. Overall, while the stock has shown impressive gains over the longer term, recent trends indicate mixed signals that could affect its future performance.