Why is Commerl. Synbags falling/rising?

As of 15-Sep, Commercial Syn Bags Ltd is experiencing a price increase, with its current price at Rs. 155.50, reflecting a change of 0.85 (0.55%) upwards. The stock has reached a new 52-week high today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. Additionally, the stock has shown impressive returns over various periods, including a year-to-date increase of 97.23% and a one-year increase of 130.37%, significantly outperforming the Sensex, which has declined by 1.33% over the same period. However, there has been a slight decrease in investor participation, with delivery volume falling by 2.55% against the 5-day average, which may indicate some caution among investors.
In the broader market context, the stock's performance over the past week has been flat at 0.00%, while the Sensex has increased by 1.24%. Over the past month, Commercial Syn Bags Ltd has outperformed the benchmark, with a return of 10.09% compared to the Sensex's 1.47%. This strong relative performance, combined with the stock's liquidity being sufficient for trading, suggests that despite the slight decline in delivery volume, the overall market sentiment remains positive towards the stock.