Why is BGIL Films & Tec falling/rising?

As of 18-Sep, BGIL Films & Technologies Ltd is experiencing a price increase, with its current price at Rs. 15.15, reflecting a rise of Rs. 0.29 or 1.95%. The stock has reached a new 52-week high today and has been on a consecutive gain streak for the last nine days, accumulating a total return of 18.64% during this period. Additionally, the stock is outperforming its sector by 1.81% today and is trading above all key moving averages, indicating strong upward momentum. The stock has shown impressive returns over various periods, including a year-to-date increase of 129.55% and a remarkable 223.03% rise over the past year. There is no information available regarding positive or negative factors that could influence the stock's recent movement.
Broader market context shows that BGIL Films & Technologies Ltd has significantly outperformed the benchmark Sensex in the short term, with a weekly return of 10.26% compared to the Sensex's 1.80%. This trend of outperformance continues over the one-month and year-to-date periods as well, suggesting strong investor confidence in the stock relative to the broader market. The rising investor participation, evidenced by a substantial increase in delivery volume, further supports the stock's upward trajectory, indicating a robust demand among investors.