Why is Ideal Technopl. falling/rising?

As of 05-Sep, Ideal Technoplast Industries Ltd's stock price is rising, currently at Rs 214.00, reflecting an increase of Rs 8.5 or 4.14%. The stock has shown strong performance, with a 1-week return of 3.88% and a 1-month return of 7.54%. It is also performing well year-to-date with an impressive return of 82.13%. Today's price summary indicates that the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 100% compared to the 5-day average. The stock is also close to its 52-week high, just 3.04% away from Rs 220.5.
In the broader market context, Ideal Technoplast's short-term performance has outpaced the benchmark Sensex, which has only returned 1.29% over the past week. The stock has outperformed its sector by 3.97% today, indicating strong relative strength. While the Sensex has shown a modest year-to-date increase of 4.64%, Ideal Technoplast's substantial gains highlight its robust market position. Overall, the combination of strong technical indicators, rising investor interest, and significant outperformance relative to the benchmark contributes to the stock's upward movement.