Why is Jetmall Spices falling/rising?

As of 30-Jun, Jetmall Spices and Masala Ltd is experiencing a price increase, currently trading at 13.45, with a change of 0.64, representing a 5.0% rise. The stock has shown strong performance recently, gaining 10.25% over the past week and 49.44% over the past month, significantly outperforming the Sensex, which has only increased by 2.09% and 2.65% in the same periods, respectively. Additionally, the stock has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 97.24% against the 5-day average, which may raise concerns about the sustainability of the stock's upward movement.
Broader Market Context: The broader market context shows that while Jetmall Spices has outperformed the Sensex in the short term, the stock's long-term performance has been less favorable, with a 3-year decline of 41.01% compared to the Sensex's gain of 57.69%. Despite the recent gains, the erratic trading pattern, with the stock not trading on 3 days out of the last 20, suggests potential volatility. The overall sector has also seen a positive trend, gaining 2.38%, which may contribute to the stock's rise. However, the significant drop in delivery volume could indicate a lack of confidence among investors, which might affect future price movements.