Why is Ideal Technopl. falling/rising?

As of 18-Jul, Ideal Technoplast Industries Ltd is experiencing a price increase, with its current price at Rs. 174.10, reflecting a rise of Rs. 11.6 or 7.14%. The stock has recently hit a new 52-week and all-time high of Rs. 178.9, indicating strong upward momentum. It has outperformed its sector by 7.64% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 351.61% compared to the 5-day average. The stock's year-to-date return stands at an impressive 48.17%, significantly outperforming the Sensex, which has only increased by 5.60%.
In the broader market context, Ideal Technoplast's short-term performance is notably strong, with a 1-week return of 27.08% compared to the Sensex's decline of 0.72%. This stark contrast highlights the stock's robust performance amidst a generally flat market. The liquidity of the stock is also favorable, as it is liquid enough for trades of Rs 0.01 crore based on 2% of the 5-day average traded value. Overall, the combination of strong price movements, increased investor interest, and favorable trading conditions contributes to the stock's rising trajectory.