Why is Jetmall Spices falling/rising?

As of 26-Aug, Jetmall Spices and Masala Ltd is experiencing a price increase, currently at Rs. 23.58, reflecting a rise of 0.46 or 1.99%. The stock has reached a new 52-week high today and has outperformed its sector by 3.96%. Over the past week, the stock has shown a strong performance with a return of +6.07%, and it has significantly outperformed the benchmark Sensex, which has declined by 1.05%. Additionally, Jetmall Spices is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been erratic trading, as the stock did not trade on 2 out of the last 20 days, and there is a notable decline in investor participation, with delivery volume falling by 86.84% against the 5-day average.
In the broader market context, Jetmall Spices has shown impressive year-to-date returns of +114.36%, while the Sensex has only increased by 3.39% during the same period. This stark contrast highlights the stock's strong performance relative to the market. Despite the recent drop in trading activity and liquidity concerns, the overall upward trajectory in the stock's price and its ability to reach a new high suggest that investor sentiment remains positive, particularly in light of its substantial gains over the past year (+125.65%) compared to the benchmark's decline of 1.12%.