Why is Jetmall Spices falling/rising?

As of 20-Oct, Jetmall Spices and Masala Ltd is experiencing a price increase, with its current price at Rs. 37.06, reflecting a rise of 0.72 (1.98%). The stock has recently hit a new 52-week and all-time high today, and it has been on a consecutive gain streak for the last 13 days, accumulating a remarkable 29.08% return during this period. Additionally, Jetmall Spices is outperforming its sector by 2.12%, and it is trading above all key moving averages, indicating strong upward momentum. The stock has also seen a significant increase in investor participation, with delivery volume rising by 1614.29% compared to the 5-day average, suggesting heightened interest and liquidity in the stock.
In the broader market context, Jetmall Spices has outperformed the Sensex benchmark significantly over various time frames, including a 10.33% increase over the past week compared to the Sensex's 2.47% rise, and a staggering 236.91% year-to-date return versus the Sensex's 7.97%. This strong performance relative to the benchmark highlights the stock's robust growth and investor confidence, contributing to its rising price. Overall, the combination of consistent gains, strong trading volume, and favorable comparisons to market benchmarks underscores the reasons behind Jetmall Spices' upward price movement.