Why is GSM Foils falling/rising?

As of 17-Jul, GSM Foils Ltd is experiencing a price increase, currently at Rs 193.85, which reflects a rise of Rs 2.1 or 1.1%. The stock has shown strong performance with a 4.00% increase over the past week and an impressive 27.45% rise over the past month. It is also trading above all its moving averages, indicating positive momentum. However, there is a noted decline in investor participation, with delivery volume falling by 14.01% against the 5-day average, which could suggest a potential concern for future trading activity. The stock is close to its 52-week high, just 1.06% away from Rs 195.9, which may attract more investors looking for upward potential.
In the broader market context, GSM Foils has significantly outperformed the benchmark Sensex, which has seen a decline of 0.96% over the past week and a modest gain of 1.04% over the past month. Year-to-date, GSM Foils has achieved a remarkable return of 66.82%, compared to the Sensex's 6.20%. This stark contrast in performance highlights the stock's strong position in the market, despite the recent drop in delivery volumes. Overall, while the stock is rising, the decrease in investor participation could be a factor to monitor moving forward.