Why is Sheetal Univer. falling/rising?

As of 30-Sep, Sheetal Universal Ltd is experiencing a price increase, currently at Rs 142.25, reflecting a rise of Rs 2.2 or 1.57%. The stock has shown strong performance recently, with a 9.68% increase over the past week and an impressive 96.75% rise year-to-date. It is currently trading close to its 52-week high, just 1.3% away from Rs 143.75. Additionally, the stock has outperformed its sector by 1.18% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. There has also been a notable increase in investor participation, with delivery volume rising by 36.36% compared to the 5-day average, indicating growing interest in the stock.
In the broader market context, while Sheetal Universal Ltd has shown significant gains, the benchmark Sensex has declined by 2.22% over the past week. This stark contrast highlights the stock's strong performance relative to the market. Furthermore, the stock's year-on-year return of 113.59% significantly outpaces the Sensex's decline of 4.65%, suggesting that investor confidence in Sheetal Universal Ltd remains robust despite broader market challenges. Overall, the combination of strong returns, positive trading indicators, and rising investor participation contributes to the stock's upward movement.