Why is Jumbo Bag falling/rising?

As of 23-Oct, Jumbo Bag Ltd's stock price is rising, currently at Rs 90.23, reflecting an increase of Rs 2.59 or 2.96%. The stock has shown strong performance recently, gaining 9.56% over the last three days and outperforming its sector by 0.33% today. It opened with a significant gain of 4.97% and reached an intraday high of Rs 92. Additionally, the stock has demonstrated impressive returns over various periods, including a year-to-date increase of 89.92% and a three-year growth of 270.55%. The stock is also trading above all key moving averages, indicating a strong upward trend. There is no information available regarding positive or negative factors that could further explain the stock's movement.
Broader Market Context: In comparison to the benchmark Sensex, which has risen by 1.30% over the past week, Jumbo Bag's stock has outperformed with a 5.88% increase in the same period. This trend continues over the past month, where Jumbo Bag's 12.07% return significantly exceeds the Sensex's 2.99% gain. The overall positive sentiment in the packaging sector, which has gained 2.62%, along with rising investor participation, as evidenced by a 112.65% increase in delivery volume, further supports the stock's upward trajectory.