Why is Jaihind Synth falling/rising?

As of 11-Nov, Jaihind Synthetics Ltd is experiencing a price increase, currently at Rs 54.00, which reflects a rise of 4.34 or 8.74%. The stock has shown strong performance today, outperforming its sector by 8.26% and opening with a significant gain of 8.74%. It reached an intraday high of Rs 54, maintaining this price without fluctuation. Over the past week, the stock has increased by 12.50%, and it has demonstrated impressive long-term growth, with a 1-year return of 24.86% and a staggering 5-year return of 1907.43%. However, there are concerns regarding falling investor participation, as the delivery volume has decreased significantly by 68.72% compared to the 5-day average.
In the broader market context, Jaihind Synthetics Ltd has outperformed the Sensex, which has only increased by 0.49% over the past week. This indicates that the stock's recent rise is not just a reflection of overall market trends but rather specific factors related to the company itself. Despite the positive price movement, the erratic trading pattern, with the stock not trading on 2 out of the last 20 days, and the lower liquidity based on average traded value, could suggest caution among investors. Overall, while the stock is rising, the decline in trading volume and participation may pose challenges moving forward.