Why is Mega Flex Plast. falling/rising?

As of 19-Nov, Mega Flex Plastics Ltd is experiencing a price increase, currently at Rs. 91.40, which reflects a rise of Rs. 4.35 or 5.0%. The stock has reached a new 52-week and all-time high today, outperforming its sector by 7.23%. Over the past week, the stock has shown a remarkable return of +19.56%, and over the past month, it has surged by +90.42%. Additionally, it is trading above all key moving averages, indicating strong upward momentum. However, there has been a notable decline in investor participation, with delivery volume dropping by 62.96% compared to the 5-day average, which may raise concerns about sustainability in the stock's upward trend.
In the broader market context, Mega Flex Plastics Ltd's performance significantly outpaces the Sensex, which has only increased by 0.68% over the past week and 1.33% over the past month. The stock's year-to-date return of +72.78% also contrasts sharply with the Sensex's +10.18%, highlighting its strong relative performance. This substantial outperformance suggests that investor sentiment remains positive despite the recent drop in delivery volume, which could indicate a temporary fluctuation rather than a fundamental weakness in the stock's outlook.