Why is Jindal Poly Inve falling/rising?

As of 31-Oct, Jindal Poly Investment & Finance Company Ltd's stock price is currently at Rs 986.50, reflecting an increase of Rs 2.85, or 0.29%. The stock opened with a significant gain of 4.51% today, reaching an intraday high of Rs 1028. It has outperformed its sector by 1.02%. Over the past week, the stock has seen a decline of 1.81%, but it has shown positive performance over the longer term, with a year-to-date increase of 12.47% and a remarkable 33.67% rise over the past year. The stock's moving averages indicate it is performing better than the 50-day, 100-day, and 200-day averages, although it is below the 5-day and 20-day averages. There is also rising investor participation, with delivery volume increasing by 0.92% against the 5-day average.
In the broader market context, Jindal Poly's short-term performance has been weaker compared to the benchmark Sensex, which has only declined by 0.32% over the past week. However, the stock has outperformed the benchmark over the past month, gaining 3.74% compared to the Sensex's 3.65%. This indicates that while the stock may be experiencing some short-term volatility, its longer-term trajectory remains strong, supported by solid returns over the past year and three years. The absence of specific positive or negative factors in the dashboard does not detract from the overall positive sentiment surrounding the stock's recent performance.