Why is Guj.Nat.Resour. falling/rising?

As of 05-Aug, Gujarat Natural Resources Ltd is experiencing a price increase, currently at Rs. 77.93, which reflects a change of 0.52 or 0.67% upward. The stock has recently hit a new 52-week high of Rs. 79.79 and has been on a consecutive gain streak for the last seven days, accumulating a remarkable 23.09% return during this period. Additionally, the stock has shown impressive performance over various time frames, with a year-to-date increase of 299.64% and a staggering 587.27% rise over the past year. However, it is important to note that there has been a significant decline in investor participation, with delivery volume dropping by 80.8% compared to the five-day average, which may indicate a potential concern for future trading activity.
In the broader market context, Gujarat Natural Resources Ltd has significantly outperformed the benchmark Sensex, which has declined by 0.77% over the past week while the stock surged by 16.64%. This stark contrast highlights the stock's strong performance relative to the market. Despite the positive returns, the falling investor participation could pose risks to the sustainability of this upward trend. Nevertheless, the stock remains liquid enough for trading, with a value of Rs. 0.17 crore based on 2% of the five-day average traded value, suggesting that it can still attract trades despite the recent decline in delivery volume.