Why is Apt Packaging falling/rising?

As of 05-Jun, Apt Packaging Ltd's stock price is rising, currently at Rs 66.75, reflecting an increase of Rs 3.05 or 4.79%. The stock has shown strong performance today, outperforming its sector by 5.5% and has been on a consecutive gain streak for the last two days, accumulating a total return of 9.97% in this period. The stock opened with a gain of 4.79% and reached an intraday high of Rs 66.75. Additionally, it has demonstrated robust returns over various periods, including a year-to-date increase of 20.31% and a remarkable 82.33% rise over the past year. The stock is also trading above its moving averages, indicating a positive trend, and has seen a significant increase in delivery volume, suggesting rising investor participation.
In the broader market context, Apt Packaging's short-term performance contrasts sharply with the benchmark, as it has gained 7.66% over the past week while the Sensex has declined by 0.23%. This divergence highlights the stock's strength relative to the market. Furthermore, the stock's liquidity is adequate for trading, which supports its upward movement. Overall, the combination of strong recent performance, positive investor sentiment, and favorable trading conditions contributes to the stock's rising price.