Why is Bisil Plast falling/rising?

As of 24-Jun, Bisil Plast Ltd's stock price is currently at 1.64, reflecting an increase of 0.03 or 1.86%. The stock has shown strong performance recently, gaining for the last 17 consecutive days and achieving a remarkable 92.94% return during this period. In the past week, the stock has outperformed the sector by 1.61% and has increased by 13.10%. However, despite these gains, the stock is still down 26.13% year-to-date and 42.46% over the past year. Notably, the delivery volume has decreased by 21.79% compared to the 5-day average, indicating a potential decline in investor participation, which could impact future price movements.
In the broader market context, the Sensex has only increased by 0.58% over the past week, suggesting that Bisil Plast's recent performance is significantly stronger than the overall market. The stock's one-month return of 65.66% also contrasts sharply with the Sensex's modest gain of 0.41% in the same timeframe. While the stock's liquidity appears adequate for trading, the decline in delivery volume may raise concerns about sustainability in its upward trajectory. Overall, the stock's recent rise is primarily driven by strong short-term performance, despite longer-term challenges reflected in its year-to-date and one-year returns.