Why is Jetmall Spices falling/rising?

As of 22-Aug, Jetmall Spices and Masala Ltd's stock price is currently at Rs. 23.12, reflecting an increase of Rs. 0.45 or 1.99%. The stock has recently hit a new 52-week high today and has been gaining for the last two days, with a total return of 4% during this period. Additionally, the stock has outperformed its sector by 2.38%. Over the past week, Jetmall Spices has shown a significant return of 6.06%, and its year-to-date performance stands at an impressive 110.18%. However, there has been a notable decline in investor participation, with delivery volume dropping by 93.98% against the 5-day average, which may indicate some caution among investors despite the positive price movement.
In the broader market context, Jetmall Spices has outperformed the Sensex, which has only increased by 0.88% over the past week. This contrast highlights the stock's strong performance relative to the benchmark, especially given its substantial gains over the past month of 28.37%, while the Sensex has declined by 1.07%. The stock is also trading above all its moving averages, suggesting a bullish trend. However, the erratic trading pattern, with the stock not trading on one day out of the last 20, could raise concerns about liquidity and investor confidence moving forward.