Why is GRM Overseas falling/rising?

As of 11-Nov, GRM Overseas Ltd is experiencing a rise in its stock price, currently at 443.85, reflecting an increase of 14.4 or 3.35%. The stock has shown strong performance, with a return of 105.34% over the past year, significantly outperforming the broader market, which has returned only 4.43%. Today's price summary indicates that the stock is close to its 52-week high, just 1.39% away, and has outperformed its sector by 2.75%. Additionally, it is trading above all key moving averages, which suggests a positive trend. However, it is important to note that there has been a decline in investor participation, with delivery volume falling by 33.84% compared to the 5-day average.
In the broader market context, GRM Overseas has outperformed the Sensex, which has only gained 0.49% over the past week compared to the stock's 4.35% increase. This trend of strong performance is evident over various time frames, including a 12.95% increase over the past month. While the stock's liquidity remains adequate for trading, the decrease in delivery volume may raise concerns about sustained investor interest. Overall, the combination of strong historical returns and current price movements indicates a bullish sentiment towards GRM Overseas Ltd, despite the recent drop in trading volume.