Why is Jetmall Spices falling/rising?

As of 06-Oct, Jetmall Spices and Masala Ltd is experiencing a price increase, with its current price at Rs.30.45, reflecting a rise of 0.59 (1.98%). The stock has recently hit a new 52-week high and has outperformed its sector by 2.64%. Over the last three days, it has gained 6.06%, and its performance over the past month shows a significant increase of 21.80%. Additionally, Jetmall Spices is trading above all its moving averages, indicating strong upward momentum. However, there has been a notable decline in investor participation, with delivery volume dropping by 83.87% against the five-day average, which could suggest some caution among investors.
In the broader market context, Jetmall Spices has outperformed the Sensex, which has only increased by 1.77% over the past week, while Jetmall's return for the same period stands at 6.06%. Year-to-date, Jetmall has shown remarkable growth of 176.82%, significantly surpassing the Sensex's 4.67% increase. This strong performance relative to the benchmark indicates that investor sentiment remains positive despite the recent drop in trading volume, suggesting that the stock's upward trajectory is supported by solid fundamentals and market interest.