Why is Ginni Filaments falling/rising?

As of 13-Aug, Ginni Filaments Ltd is experiencing a price increase, currently at Rs 54.67, reflecting a rise of 2.6 or 4.99%. Despite opening the day with a loss of 4.99%, the stock reached an intraday high of Rs 54.67, indicating a recovery during the trading session. Over the past week, the stock has shown a strong performance with a 9.63% increase, and it has significantly outperformed the benchmark Sensex, which remained flat at -0.01%. The stock's performance over the last month and year is also noteworthy, with increases of 26.40% and 75.00%, respectively. However, there has been a notable decline in investor participation, with delivery volume dropping by 76.2% against the 5-day average. The company's strong financial metrics, including the highest operating profit to interest ratio and the lowest debt-equity ratio, contribute positively to its recent price movement.
In the broader market context, Ginni Filaments has outperformed the Sensex, which has seen a decline of 2.38% over the past month, while Ginni Filaments has gained 26.40%. This trend of outperforming the benchmark is consistent over various time frames, including a 70.84% year-to-date return compared to the Sensex's 3.07%. The stock's liquidity remains adequate for trading, and its long-term performance has been impressive, with a 373.33% increase over the last five years. Overall, the combination of strong financial performance, recent recovery in price, and consistent outperformance against the benchmark suggests a positive sentiment around Ginni Filaments, despite the recent drop in trading volume.