Why is Jindal Photo falling/rising?

As of 24-Sep, Jindal Photo Ltd is experiencing a price increase, currently at 1,120.60, reflecting a rise of 19.6 or 1.78%. Today's price summary indicates that the stock has reversed a trend of three consecutive days of decline, opening with a gain of 2.62% and reaching an intraday high of Rs 1180, which is a 7.18% increase. The stock has shown strong performance over the past month, with a return of 34.20%, significantly outperforming the Sensex's 0.50% gain. Additionally, the stock has consistently generated returns, with a remarkable 36.86% increase over the past year, and has outperformed the BSE500 in each of the last three annual periods, contributing to positive investor sentiment.
In the broader market context, Jindal Photo's short-term performance has been relatively strong compared to the benchmark, as it has outperformed the Sensex by 1.75% over the past week, despite a slight decline of 1.59% in that same period. The stock's liquidity is adequate, allowing for trades of small sizes, which may encourage more investor participation. The recent increase in delivery volume by 17.35% against the five-day average further indicates rising interest among investors, supporting the stock's upward movement. Overall, the combination of consistent returns and positive market activity has contributed to the stock's recent rise.