Why is GSM Foils falling/rising?

As of 07-Jul, GSM Foils Ltd is experiencing a price increase, with its current price at Rs. 169.30, reflecting a rise of 8.05 or 4.99%. The stock has hit a new 52-week and all-time high today, outperforming its sector by 6.18%. Additionally, GSM Foils has shown strong performance over various periods, with a year-to-date increase of 45.70% and a remarkable 229.70% rise over the past year. However, it is important to note that there has been a decline in investor participation, as the delivery volume on July 4 fell by 55.56% compared to the 5-day average, which could indicate a potential concern for future trading activity.
In the broader market context, GSM Foils has outperformed the Sensex, which has seen a slight decline of 0.22% over the past week, while GSM Foils has gained 3.23% in the same period. This trend of outperforming the benchmark is consistent, as the stock has also surpassed the Sensex's 1-month and 1-year returns. The liquidity of the stock remains adequate for trading, based on its average traded value, which supports its current upward movement despite the noted decrease in delivery volume.