Why is Narmada Macplast falling/rising?

As of 15-Oct, Narmada Macplast Drip Irrigation Systems Ltd is experiencing a price increase, with its current price at Rs. 149.65, reflecting a rise of 7.1 (4.98%). The stock has reached a new 52-week high today and has shown impressive performance, gaining 637.97% over the last eight days. It has outperformed its sector by 3.99% today and is trading above all key moving averages, indicating strong upward momentum. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 64.53% compared to the five-day average. Unfortunately, the Positive and Negative Factors section is unavailable, which limits further insights into specific catalysts for this movement.
Broader Market Context: In comparison to the benchmark Sensex, which has only increased by 1.02% over the past week, Narmada Macplast's return of 537.76% in the same period highlights its exceptional performance. This stark contrast suggests that the stock is not only gaining traction on its own merits but is also significantly outperforming the broader market, contributing to its rising price. The overall market context indicates a strong investor interest in Narmada Macplast, further supporting its upward price trajectory.