Why is Jai Mata Glass falling/rising?

As of 01-Aug, Jai Mata Glass Ltd is experiencing a price increase, with its current price at 2.57, reflecting a rise of 0.05 or 1.98%. The stock has shown strong performance recently, gaining 8.44% over the past week and 65.81% over the past month, significantly outperforming the Sensex, which has declined by 1.06% and 3.70% in the same periods, respectively. The stock has been on a consecutive gain streak for the last five days, and today's performance outpaced the sector by 4.59%. Additionally, the stock's delivery volume has increased, indicating rising investor participation, while it remains liquid enough for trading.
In the broader market context, while the stock has performed well in the short term, it has a year-to-date decline of 15.46%, contrasting with the Sensex's gain of 3.15%. This suggests that while Jai Mata Glass is currently gaining traction, it has faced challenges earlier in the year. The glass sector overall has seen a decline of 2.75%, which may indicate sector-specific pressures that could affect future performance. However, the strong recent returns and increased investor interest may provide a buffer against these broader market challenges.