Why is Shaily Engineer. falling/rising?

As of 10-Sep, Shaily Engineering Plastics Ltd is experiencing a price increase, currently at Rs. 2,246.65, which reflects a rise of 29.2 points or 1.32%. The stock has reached a new 52-week high of Rs. 2,316.55 today, outperforming its sector by 1.9%. Over the past week, the stock has gained 2.82%, and it has shown impressive returns of 40.42% over the past month and 128.78% over the last year. The company has demonstrated strong financial health, with a low Debt to EBITDA ratio of 1.43 times and consistent growth in operating profit and net profit, which have increased by 43.59% and 43.83%, respectively. Additionally, high institutional holdings at 23.84% indicate confidence from more knowledgeable investors, further supporting the stock's upward movement.
In the broader market context, Shaily Engineering Plastics Ltd has significantly outperformed the benchmark Sensex, which has only risen by 1.06% over the past week and 4.21% year-to-date. The stock's performance over the last three years has also been remarkable, with a return of 475.92% compared to the Sensex's 36.18%. However, it is worth noting that there has been a decline in investor participation, with delivery volume falling by 35.1% against the five-day average, which could be a potential concern for future trading activity. Despite this, the overall market-beating performance and strong fundamentals suggest a positive outlook for the stock.