Why is Commerl. Synbags falling/rising?

As of 05-Sep, Commercial Syn Bags Ltd's stock price is currently at Rs. 153.65, reflecting an increase of 0.65 (0.42%). The stock has recently hit a new 52-week high of Rs. 155 and has been on an upward trend, gaining for the last three days with a total return of 5.97% over the past week. The company has shown strong financial performance, with a net profit growth of 187.56% and positive results reported for the last three consecutive quarters. Additionally, the stock is trading above all key moving averages and has seen a significant increase in delivery volume, indicating rising investor participation.
In the broader market context, the stock's performance has outpaced the Sensex, which has only increased by 1.13% over the past week. The stock has generated impressive returns of 129.81% over the past year, compared to a decline of 1.81% in the Sensex during the same period. This strong performance is further supported by the company's favorable valuation metrics, including a PEG ratio of 0.2, suggesting that the stock is undervalued relative to its growth potential. Overall, the combination of solid financial results, positive market sentiment, and strong relative performance against the benchmark has contributed to the stock's rising price.