Why is Sejal Glass falling/rising?

As of 24-Sep, Sejal Glass Ltd's stock price is currently at 754.95, reflecting an increase of 4.65 (0.62%). The stock has shown a trend reversal by gaining after two consecutive days of decline, and it outperformed its sector by 1.05%. It reached an intraday high of Rs 775, indicating positive momentum. Over the past week, the stock has increased by 0.16%, and it has delivered impressive returns of 76.20% over the last year, significantly outperforming the benchmark Sensex, which has declined by 3.77% during the same period. The company has also reported outstanding financial results, including a 205.96% growth in net profit and positive results for the last five consecutive quarters, contributing to the stock's upward movement.
In the broader market context, while Sejal Glass has shown resilience and strong performance, the Sensex has experienced a decline of 1.18% over the past week. This contrast highlights the stock's ability to attract investor interest despite a challenging market environment. However, it is worth noting that there has been a decrease in investor participation, with delivery volume falling by 47.56% against the five-day average, which could indicate a potential concern for future trading activity. Overall, the stock's strong fundamentals and recent performance have contributed to its rising price, even as the broader market faces headwinds.