Why is Shubham Polyspin falling/rising?

As of 18-Sep, Shubham Polyspin Ltd is currently priced at Rs. 39.63, reflecting a decrease of Rs. 0.17 or 0.43%. Despite this slight decline, the stock has shown strong performance recently, with a consecutive gain over the last five days resulting in a total return of 11.76%. Additionally, it reached a new 52-week high of Rs. 40.5 today and has outperformed its sector by 0.53%. The stock is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 67.31% compared to the 5-day average, suggesting heightened interest in the stock.
In the broader market context, Shubham Polyspin's short-term return of 10.48% over the past week significantly outpaces the Sensex, which has only increased by 1.80% during the same period. This strong relative performance indicates that the stock is gaining traction among investors despite the recent price drop. Year-to-date, the stock has risen by 59.22%, compared to the Sensex's 6.24%, further highlighting its robust performance in the market. Overall, while the stock is experiencing a minor decline at present, its recent gains and strong performance metrics suggest a positive outlook in the context of broader market trends.