Why is GSL Securities falling/rising?

As of 05-Aug, GSL Securities Ltd is experiencing a rise in its stock price, currently at Rs. 52.88, reflecting an increase of 2.51 or 4.98%. The stock has been on a strong upward trend, gaining for the last nine consecutive days and achieving a remarkable 51.09% return during this period. Today, it opened with a gain of 4.98%, reaching a new 52-week and all-time high of Rs. 52.88. Additionally, the stock has significantly outperformed the sector by 5.07%. Over the past year, GSL Securities has shown impressive returns of 162.82%, while year-to-date returns stand at 93.70%. However, it is worth noting that there has been a decline in investor participation, with delivery volume falling by 22.32% against the 5-day average, which could indicate a potential concern for future trading activity.
In the broader market context, GSL Securities has significantly outperformed the benchmark Sensex, which has seen a decline of 0.77% over the past week and a drop of 3.26% over the past month. This stark contrast highlights the stock's strong performance relative to the overall market. While the stock's liquidity remains adequate for trading, the falling delivery volume may suggest a cautious sentiment among investors. Overall, the combination of strong recent performance and significant returns over various time frames supports the upward movement of GSL Securities' stock price, despite the noted decrease in investor participation.