Why is Jaihind Synth falling/rising?

As of 12-Sep, Jaihind Synthetics Ltd's stock price is currently at Rs 56.38, reflecting an increase of Rs 1.28 or 2.32%. The stock has shown a mixed performance recently, with a notable intraday high of Rs 57.15, representing a rise of 3.72%, while it also dipped to a low of Rs 53, marking a decrease of 3.81%. Despite a decline of 6.03% over the past week and 10.04% over the past month, the stock has performed well year-to-date with a gain of 17.46% and an impressive 45.53% increase over the past year. Additionally, there has been a rise in investor participation, with delivery volume increasing by 20.1% compared to the 5-day average, suggesting growing interest in the stock.
In the broader market context, while Jaihind Synthetics has outperformed its sector by 3.03% today, it has lagged behind the Sensex, which has gained 1.48% over the past week. The stock's performance relative to the benchmark indicates a challenging short-term outlook, as it has not kept pace with the market trends. However, the stock remains liquid enough for trading, which may contribute positively to its price stability. Overall, the recent price increase can be attributed to a combination of rising investor interest and a temporary rebound from recent lows, despite the stock's overall underperformance in the short term compared to the benchmark.