Why is GSL Securities falling/rising?

As of 01-Aug, GSL Securities Ltd is experiencing a price increase, currently at Rs. 47.98, which represents a rise of 2.28 or 4.99%. The stock has reached a new 52-week and all-time high today, outperforming its sector by 6.47%. It has shown a remarkable performance over the past week, gaining 37.09% and has been on a consecutive gain streak for the last seven days. Additionally, the stock is trading above all key moving averages, indicating strong upward momentum. However, there has been a significant drop in investor participation, with delivery volume falling by 88.73% against the 5-day average, which may raise concerns about sustainability in the stock's upward trend.
In the broader market context, GSL Securities has significantly outperformed the benchmark Sensex, which has seen a decline of 1.06% over the past week, while GSL Securities has surged by 27.03%. This stark contrast highlights the stock's strong performance relative to the market. Over the past year, GSL Securities has achieved a remarkable return of 129.13%, while the Sensex has declined by 1.55%, further emphasizing the stock's resilience and appeal to investors despite the broader market challenges.