Why is Jetmall Spices falling/rising?

As of 15-Oct, Jetmall Spices and Masala Ltd's stock price is currently at Rs. 34.94, reflecting an increase of Rs. 0.68 or 1.98%. The stock has reached a new 52-week and all-time high today, and it has been on a positive trajectory, gaining 21.7% over the last 10 days. Additionally, Jetmall Spices has shown impressive returns, with a year-to-date increase of 217.64% and a one-year return of 251.16%, significantly outperforming the Sensex, which has only risen by 5.72% during the same period. However, there has been a notable decline in investor participation, with delivery volume dropping by 37.5% compared to the five-day average, which may indicate some caution among investors.
In the broader market context, Jetmall Spices' short-term performance has been exceptional, with a one-week return of 10.33% compared to the Sensex's modest gain of 1.02%. This stark contrast highlights the stock's strong momentum relative to the benchmark. Despite the falling investor participation, the stock's consistent performance above its moving averages suggests robust underlying demand, contributing to its rising price. Overall, while the stock is experiencing a rise, the decrease in delivery volume could be a factor to monitor moving forward.