Why is National Plastic falling/rising?

As of 16-Sep, National Plastic Technologies Ltd is experiencing a significant rise in its stock price, currently at Rs 279.75, reflecting an increase of 25.25 or 9.92%. The stock has shown strong performance today, outperforming its sector by 8.75% and has been on a consecutive gain streak for the last four days, accumulating a total return of 18.24% during this period. It opened with a gain of 3.54% and reached an intraday high of Rs 279.75. Additionally, the stock has performed well over the past week and month, with returns of 14.56% and 17.57%, respectively, although it has struggled year-to-date with a decline of 31.72%. Positive factors contributing to this rise include healthy long-term growth in net sales at an annual rate of 36.24% and an attractive valuation relative to peers, despite a high Debt to EBITDA ratio which raises concerns about debt servicing.
Broader Market Context: In the context of the broader market, National Plastic's short-term performance has significantly outpaced the Sensex, which has only risen by 1.58% over the past week. While the stock has underperformed the market over the past year with a decline of 25.99%, its recent gains indicate a shift in investor sentiment, possibly driven by rising investor participation and improved liquidity. The stock's ability to attract more trading volume and its current trading position above several moving averages suggest a positive outlook, despite the challenges it faces in servicing its debt and its historical underperformance.