Why is Shubham Polyspin falling/rising?

As of 16-Oct, Shubham Polyspin Ltd is experiencing a price increase, currently at Rs. 45.90, reflecting a rise of Rs. 1.05 or 2.34%. The stock has reached a new 52-week high today and has been gaining for the last two days, with a total return of 5.08% during this period. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 52.16% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's movement.
Broader market context shows that Shubham Polyspin has significantly outperformed the benchmark Sensex in the short term, with a 1-week return of 6.32% compared to the Sensex's 1.58%. Over the past month, the stock has risen by 20.19%, while the Sensex has only increased by 1.32%. This strong performance relative to the benchmark suggests that investor confidence in Shubham Polyspin is robust, likely driven by favorable sector performance in textiles, which has gained 2.18%. Overall, the stock's recent gains can be attributed to both its individual performance metrics and its favorable position within the broader market context.