Why is Sh. Rajas. Synt. falling/rising?

As of 23-Sep, Shree Rajasthan Syntex Ltd is experiencing a price increase, currently at 19.44, reflecting a rise of 0.92 or 4.97%. The stock has shown strong performance, gaining 21.12% over the last seven days and outperforming its sector by 5.59% today. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The stock has also seen a significant increase in delivery volume, rising by 127.8% compared to the 5-day average, which suggests heightened investor interest. The positive returns over various periods, including a 17.82% increase over the past month and a remarkable 558.98% rise over the last five years, further support the stock's upward movement.
In the broader market context, Shree Rajasthan Syntex Ltd has significantly outperformed the Sensex, which has shown a decline of 0.34% over the past week while the stock rose by 16.48%. Year-to-date, the stock's return of 12.96% also surpasses the Sensex's 5.07% increase. This strong relative performance indicates that investor sentiment towards Shree Rajasthan Syntex Ltd remains positive, contrasting with the broader market trends. Overall, the combination of strong stock-specific factors and favorable comparisons to the benchmark suggests a robust upward trajectory for the company’s stock price.