Why is Jetmall Spices falling/rising?

As of 11-Sep, Jetmall Spices and Masala Ltd is experiencing a price increase, with its current price at Rs. 26.53, reflecting a rise of 0.52 or 2.0%. The stock has recently hit a new 52-week high and has outperformed its sector by 2.29%. Over the last two days, it has gained 4.04%, contributing to a remarkable year-to-date return of 141.18% and a one-year return of 165.83%. However, there has been a notable decline in investor participation, with delivery volume dropping by 50% against the five-day average, which may indicate some caution among investors despite the positive price movement.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by 1.03% over the past week, Jetmall Spices has significantly outperformed with a return of 6.12%. This trend of strong performance is consistent across various time frames, as evidenced by its 23.63% increase over the past month compared to the Sensex's 1.17%. The stock's ability to maintain trading above its moving averages further supports its upward trajectory, although the erratic trading pattern and reduced liquidity could pose challenges moving forward.