Why is Jetmall Spices falling/rising?

As of 22-Sep, Jetmall Spices and Masala Ltd is experiencing a price increase, currently at Rs. 28.71, reflecting a rise of 0.56 or 1.99%. The stock has reached a new 52-week high today and has outperformed its sector by 2.23%. Over the past week, Jetmall Spices has shown a strong performance with a return of 6.10%, and it has significantly outperformed the benchmark Sensex, which only increased by 0.46%. Additionally, the stock has impressive year-to-date and one-year returns of 161.00% and 213.09%, respectively, indicating robust growth. However, there has been a notable decline in investor participation, with delivery volume falling by 41.18% against the 5-day average, which could suggest a potential concern regarding sustained interest in the stock.
In the broader market context, Jetmall Spices' recent performance stands in stark contrast to the Sensex, which has only gained 5.15% year-to-date and declined by 2.82% over the past year. This significant outperformance highlights the stock's strength relative to the overall market. Despite the positive price movement and strong returns, the erratic trading pattern, with the stock not trading on three days out of the last twenty, raises questions about its liquidity and consistent investor engagement. Overall, while the stock is currently rising, the declining delivery volume may pose challenges for its future performance.