Why is Barflex Polyfilm falling/rising?

As of 04-September, Barflex Polyfilms Ltd is experiencing a rise in its stock price, currently at Rs. 79.85, reflecting an increase of Rs. 1.65 or 2.11%. The stock has recently hit a new 52-week and all-time high of Rs. 79.9 today, indicating strong upward momentum. It has outperformed its sector by 2.62% and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend. However, there has been a decline in investor participation, with delivery volume dropping by 4.76% compared to the 5-day average, which may indicate some caution among investors despite the stock's recent performance. Unfortunately, the Positive and Negative Dashboard data is not available to provide further insights into specific factors influencing this movement.
In the broader market context, Barflex Polyfilms has shown a strong short-term return of 3.57% over the past week, significantly outperforming the Sensex, which has only increased by 0.95% during the same period. Over the past month, the stock has risen by 16.15%, while the Sensex has remained relatively flat with a mere 0.05% increase. This performance highlights the stock's strength compared to the broader market, suggesting that investor sentiment towards Barflex Polyfilms remains positive despite the noted decline in delivery volume.