Why is Jaihind Synth falling/rising?

As of 27-Jun, Jaihind Synthetics Ltd is experiencing a price increase, with its current price at Rs 58.11, reflecting a rise of 2.67 (4.82%). The stock has shown strong performance, gaining 14.59% over the last three days and outperforming its sector by 5.44% today. Additionally, the stock has impressive returns over various periods, including a 107.09% increase over the past year and a staggering 2654.03% over the last five years. The stock is currently trading above its moving averages across multiple time frames, indicating a strong upward trend. Furthermore, there has been a significant increase in investor participation, with delivery volume rising by 463.38% compared to the five-day average, suggesting heightened interest in the stock.
In the broader market context, Jaihind Synthetics Ltd's short-term performance has significantly outpaced the benchmark, with a 1-week return of 13.96% compared to the Sensex's 2.00%. This strong relative performance indicates that the stock is not only gaining traction among investors but is also benefiting from favorable market conditions. The stock's liquidity is adequate for trading, further supporting its price movement. Overall, the combination of strong recent gains, increased investor interest, and favorable comparisons to the benchmark contributes to the stock's rising price.