Why is GSM Foils falling/rising?

As of 16-Jun, GSM Foils Ltd is experiencing a price increase, currently at Rs 158.50, reflecting a rise of Rs 7.0 or 4.62%. The stock has shown strong performance, with a 1-week return of +2.26% and a 1-month return of +6.09%, significantly outperforming the Sensex, which has seen declines of -0.62% and -0.29% respectively over the same periods. Additionally, the stock is trading above all its moving averages, indicating a bullish trend. However, there has been a notable decrease in investor participation, with delivery volume dropping by 41.18% compared to the 5-day average, which could suggest a potential concern for future liquidity.
In the broader market context, GSM Foils has outperformed the Sensex year-to-date, with a remarkable return of +36.40% compared to the benchmark's +5.51%. This strong performance over the past year, where the stock has surged by +339.67% against the Sensex's +6.31%, highlights its resilience and attractiveness to investors. Despite the recent drop in delivery volume, the stock remains liquid enough for trading, which may help sustain its upward momentum in the near term.