Why is Sheetal Univer. falling/rising?

As of 27-Jun, Sheetal Universal Ltd is experiencing a price increase, currently at Rs. 118.80, which reflects a rise of Rs. 2.3 or 1.97%. The stock has recently hit a new 52-week and all-time high of Rs. 136.9, indicating strong upward momentum. It has outperformed its sector by 2.81% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend. However, there has been a decline in investor participation, with delivery volume falling by 23.91% compared to the 5-day average, which could indicate a potential concern for sustained interest. The stock has shown impressive returns over various periods, with a year-to-date increase of 64.32% and a one-year increase of 103.08%, significantly outperforming the benchmark Sensex.
In the broader market context, while Sheetal Universal Ltd has had a short-term decline of 2.54% over the past week, the benchmark Sensex has gained 2.09% during the same period, highlighting a relative underperformance in the short term. However, the stock's longer-term performance remains robust, with a 4.49% increase over the past month compared to the Sensex's 3.27%. This suggests that despite recent fluctuations, the overall trend for Sheetal Universal Ltd is positive, driven by strong historical performance and current trading dynamics, even as liquidity remains adequate for trading activities.