Why is Sejal Glass falling/rising?

As of 27-Oct, Sejal Glass Ltd is experiencing a significant rise in its stock price, currently at Rs. 988.40, reflecting an increase of Rs. 47.05 or 5.0%. The stock has reached a new 52-week and all-time high today, outperforming its sector by 5.48%. It has shown impressive performance over the past week, gaining 21.51%, and has been on a consecutive gain streak for the last six days, accumulating a total return of 30.9% during this period. Additionally, the stock is trading above all its moving averages, indicating strong upward momentum. The recent surge in investor participation, evidenced by a dramatic increase in delivery volume, further supports the positive sentiment around the stock.
In the broader market context, Sejal Glass Ltd has significantly outperformed the Sensex, which has only increased by 0.49% over the past week, while the stock has soared by 21.51%. This stark contrast highlights the stock's strong relative strength and investor confidence. Year-to-date, Sejal Glass has returned 56.15%, compared to the Sensex's 8.50%, showcasing its robust performance in the market. Overall, the combination of strong stock-specific factors and favorable market conditions has contributed to the rising price of Sejal Glass Ltd.