Why is Natl. Plastic falling/rising?

As of 04-Aug, National Plastic Industries Ltd is experiencing a price increase, currently at 67.94, which reflects a rise of 1.24 or 1.86%. The stock has shown strong performance recently, outperforming its sector by 0.87% today and achieving a consecutive gain over the last two days, resulting in a total increase of 2.38% during this period. Additionally, the stock has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Despite a significant drop in delivery volume by 70.78% compared to the 5-day average, the stock's attractive valuation, with a price-to-earnings growth (PEG) ratio of 0.1 and a substantial profit increase of 132.9% over the past year, supports its upward movement.
In the broader market context, National Plastic's short-term return of 1.60% over the past week significantly outpaces the Sensex, which has only increased by 0.16% during the same period. While the stock has generated a slight negative return of -0.80% over the past year, its long-term performance remains strong, with a 50.64% increase over the past three years compared to the Sensex's 38.97%. This contrast highlights the stock's resilience and potential for growth, particularly given its recent positive financial results and favorable valuation compared to peers.