Why is Jetmall Spices falling/rising?

As of 17-Jul, Jetmall Spices and Masala Ltd's stock price is rising, currently at Rs. 16.99, reflecting an increase of 0.33 (1.98%). The stock has recently hit a new 52-week high and has been on a positive trajectory, gaining for the last four days with an impressive 8.15% return over the past week. Additionally, it has outperformed the sector by 1.81%. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, there has been a notable decline in investor participation, with delivery volume falling by 44.44% compared to the 5-day average, which may raise concerns about sustainability in the stock's upward movement.
In the broader market context, Jetmall Spices has significantly outperformed the benchmark Sensex, which has seen a decline of 1.12% over the past week while Jetmall's stock rose by 8.15%. Year-to-date, Jetmall has achieved a remarkable return of 54.45%, compared to the Sensex's 5.27%. This stark contrast highlights the stock's strong performance relative to the overall market. Despite the recent gains, the erratic trading pattern, with the stock not trading on one day out of the last 20, suggests some volatility, which investors should consider when evaluating future performance.