Why is Commerl. Synbags falling/rising?

As of 18-Sep, Commercial Syn Bags Ltd's stock price is rising, currently at Rs. 155.50, reflecting an increase of Rs. 2.4 or 1.57%. The stock has reached a new 52-week high today and has outperformed its sector by 2.22%. Despite a recent trend reversal after two consecutive days of decline, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, the stock has shown impressive returns of 135.61%, significantly outpacing the benchmark Sensex, which has only increased by 0.08%. The company has also reported strong financial performance, with net profit growth of 187.56% and consistent positive results over the last three quarters, contributing to investor confidence.
In the broader market context, while the stock has experienced a 0.00% return over the past week, it has outperformed the Sensex, which has gained 1.80% in the same period. The stock's long-term performance is notable, with a year-to-date increase of 97.23% compared to the Sensex's 6.24%. However, there is a concern regarding falling investor participation, as delivery volume has decreased by 66.74% against the 5-day average. Despite this, the stock remains liquid enough for trading, and its fair valuation relative to peers suggests that it may continue to attract interest from investors looking for growth opportunities.