Why is Shaily Engineer. falling/rising?

As of 17-Sep, Shaily Engineering Plastics Ltd's stock price is rising, currently at Rs. 2,475.90, reflecting an increase of Rs. 83.4 or 3.49%. The stock has recently hit a new 52-week and all-time high of Rs. 2,664.25, demonstrating strong performance with a 10.20% gain over the past week and a remarkable 153.86% increase over the last year. The stock has outperformed its sector by 4.1% today and has shown consistent gains over the last three days, accumulating a total return of 10.04%. Additionally, the company's strong financial health is underscored by a low Debt to EBITDA ratio of 1.43 times and a significant growth in operating profit and net profit, which have increased by 43.59% and 43.83%, respectively, over the past year.
In the broader market context, Shaily Engineering Plastics Ltd has significantly outperformed the Sensex, which has only risen by 1.56% over the past week and 5.83% year-to-date, while the stock has achieved a 35.09% increase over the past month. The high institutional holdings at 23.84% indicate strong investor confidence, as these investors tend to have better resources for analyzing company fundamentals. Despite the stock's impressive performance, it is noted that the valuation appears expensive with a high enterprise value to capital employed ratio, which could pose risks if not managed properly. Nonetheless, the stock's ability to consistently deliver positive results over the last seven quarters and its strong market-beating performance contribute to its rising price.