Why is Sejal Glass falling/rising?

As of 19-Sep, Sejal Glass Ltd's stock price is currently at Rs. 797.35, reflecting an increase of Rs. 5.95 or 0.75%. The stock has demonstrated strong performance, having gained 53.65% over the last 12 days and reaching a new 52-week high of Rs. 830.95 today. It has outperformed its sector by 0.55% and is trading above all key moving averages, indicating a bullish trend. Additionally, there has been a significant rise in investor participation, with delivery volume increasing by 317.91% compared to the 5-day average, suggesting heightened interest and confidence among investors.
In the broader market context, Sejal Glass has outperformed the Sensex, which has only increased by 0.88% over the past week while Sejal Glass has surged by 19.52%. This trend continues over longer periods, with the stock showing a year-to-date return of 25.96% compared to the Sensex's 5.74%. The substantial gains in the stock's price, coupled with strong trading volume and positive investor sentiment, indicate a robust demand for Sejal Glass shares, contributing to its rising price amidst a generally stable market environment.