Why is Shaily Engineer. falling/rising?

As of 13-Nov, Shaily Engineering Plastics Ltd's stock price is rising, currently at Rs 2,617.50, reflecting an increase of Rs 121.1 or 4.85%. The stock has shown strong performance recently, gaining 6.74% over the last two days and outperforming its sector by 5.71% today. It is also close to its 52-week high, just 1.79% away from Rs 2,664.25. Over the past year, the stock has generated a remarkable return of 147.83%, significantly outperforming the BSE500 index, which has only returned 8.74%. The company has demonstrated strong fundamentals, including high management efficiency with a return on capital employed (ROCE) of 15.49%, a low debt-to-EBITDA ratio of 1.33, and consistent positive results over the last eight quarters, contributing to investor confidence and driving the stock price upward.
In the broader market context, Shaily Engineering Plastics Ltd's short-term return of 10.09% over the past week significantly exceeds the Sensex's return of 1.40% in the same period. This outperformance indicates strong investor interest and confidence in the company's growth prospects compared to the overall market. However, there are some concerns regarding falling investor participation, as the delivery volume has decreased by 35.93% against the five-day average, which may indicate a potential risk if this trend continues. Despite this, the stock remains liquid enough for trading, and the high institutional holdings at 25.01% suggest that knowledgeable investors are backing the company, further supporting the stock's upward movement.