Why is GSL Securities falling/rising?

As of 06-Aug, GSL Securities Ltd is experiencing a price increase, currently at Rs. 55.52, reflecting a rise of 2.64 (4.99%). The stock has reached a new 52-week and all-time high today, having outperformed its sector by 5.25%. It has been on a positive trajectory, gaining for the last 10 days with a total return of 58.63% during this period. Additionally, GSL Securities is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. However, there has been a notable decline in investor participation, with delivery volume dropping by 93.17% against the 5-day average, which could be a concern for future trading activity.
In the broader market context, GSL Securities has significantly outperformed the Sensex, with a 1-week return of +27.08% compared to the benchmark's -1.15%, and a 1-month return of +37.80% against the Sensex's -3.46%. Year-to-date, the stock has surged by 103.37%, while the Sensex has only increased by 3.08%. This stark contrast highlights the stock's strong performance relative to the market, contributing to its rising price. Overall, while the stock is currently benefiting from positive momentum and strong returns, the drop in investor participation may warrant close monitoring.