Why is Jindal Photo falling/rising?

As of 05-Sep, Jindal Photo Ltd is experiencing a price increase, currently at Rs 1,195.00, reflecting a rise of Rs 26.55 or 2.27%. The stock has shown strong performance today, outperforming its sector by 1.98%, and reached an intraday high of Rs 1,226, which is a 4.93% increase. Over the past week, Jindal Photo has delivered a remarkable return of 16.52%, and over the last month, it has surged by 41.42%. The stock has consistently generated impressive returns, with a 42.73% increase over the past year and a staggering 8784.76% over the last five years, indicating robust long-term performance. However, it is worth noting that there has been a significant decline in investor participation, with delivery volume dropping by 64.56% compared to the five-day average.
In the broader market context, Jindal Photo's recent performance stands in stark contrast to the benchmark Sensex, which has only increased by 1.13% over the past week and remains flat over the past month. This indicates that Jindal Photo is not only outperforming the market but also demonstrating resilience and investor confidence, particularly given its consistent returns over the last three years. The stock's liquidity remains adequate for trading, further supporting its upward movement despite the recent drop in delivery volumes. Overall, the combination of strong historical performance and current price momentum contributes to the stock's rising trajectory.