Why is Jetmall Spices falling/rising?

As of 03-September, Jetmall Spices and Masala Ltd is experiencing a price increase, currently at Rs. 24.53, which reflects a rise of 0.48 or 2.0%. The stock has recently hit a new 52-week high and has outperformed its sector by 1.1%. Over the past week, Jetmall Spices has shown a return of +4.03%, while its year-to-date performance stands at an impressive +123.00%. Additionally, the stock is trading above all its moving averages, indicating a strong upward trend. Notably, there has been a significant increase in investor participation, with delivery volume rising by 177.78% against the 5-day average, suggesting heightened interest and confidence among investors.
In the broader market context, Jetmall Spices has outperformed the Sensex, which has seen a slight decline of -0.27% over the past week. This contrast highlights the stock's strong performance relative to the benchmark. Furthermore, while the Sensex has only gained +3.11% year-to-date, Jetmall Spices has significantly outpaced this with its remarkable returns. The liquidity of the stock also supports its trading activity, as it is deemed liquid enough for trades of Rs 0 crore based on the 5-day average traded value. Overall, the combination of strong stock-specific factors and a favorable comparison to the broader market contributes to the rising price of Jetmall Spices.