Why is Commerl. Synbags falling/rising?

As of 23-Jun, Commercial Syn Bags Ltd's stock price is rising, currently at Rs. 136.75, reflecting an increase of Rs. 3.55 or 2.67%. The stock has reached a new 52-week high today, outperforming its sector by 3.27%. It has shown strong performance over various time frames, with a 1-week return of 3.76%, a 1-month return of 18.98%, and an impressive year-to-date return of 73.45%. The company has reported significant growth in net profit and has consistently delivered positive results over the last two quarters, with a return on capital employed (ROCE) at its highest level. Furthermore, the stock is trading at a discount compared to its peers, which may attract investors looking for value.
In the broader market context, the stock's short-term performance has significantly outpaced the benchmark, with a 1-week return of 3.76% compared to the Sensex's 0.12%. This strong performance is indicative of investor confidence in the company's fundamentals, particularly given its high growth rates and favorable financial metrics. Despite a decline in delivery volume, which fell by 57.58% against the 5-day average, the stock's liquidity remains adequate for trading. Overall, the combination of robust financial results and a favorable valuation relative to peers has contributed to the stock's rising price.