Why is GSM Foils falling/rising?

As of 31-Oct, GSM Foils Ltd is experiencing a price increase, with its current price at 224.65, reflecting a rise of 9.15 or 4.25%. The stock has shown strong performance today, outperforming its sector by 5.85%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The delivery volume has also increased by 23.46% compared to the 5-day average, suggesting rising investor participation. Year-to-date, the stock has surged by 93.33%, and over the past year, it has gained an impressive 170.17%, significantly outperforming the Sensex, which has only increased by 8.79% during the same period.
In the broader market context, while GSM Foils has shown a short-term return of +8.13% over the past week, the benchmark Sensex has slightly declined by 0.28%. This contrast highlights the stock's strong performance relative to the market. The liquidity of the stock is also favorable, as it is liquid enough for trading sizes of Rs 0.01 crore, further supporting its upward movement. Overall, the combination of strong performance metrics and positive investor sentiment contributes to the rising price of GSM Foils Ltd.