Why is Shubham Polyspin falling/rising?

As of 28-Oct, Shubham Polyspin Ltd is experiencing a price increase, currently at Rs. 54.81, which reflects a rise of 3.56 or 6.95%. The stock has recently hit a new 52-week high of Rs. 54.99 and has shown strong performance, gaining 12.8% over the last two days. Additionally, it has outperformed its sector by 6.65% today. Over the past week, the stock has risen by 13.48%, and year-to-date, it has achieved an impressive return of 120.21%. However, it is worth noting that there has been a decline in investor participation, with delivery volume falling by 4.36% compared to the five-day average.
In the broader market context, Shubham Polyspin's recent performance significantly outpaces the benchmark Sensex, which has only increased by 0.24% over the past week. This stark contrast highlights the stock's strong momentum relative to the overall market. Despite the positive price movement, the liquidity remains adequate for trading, as the stock is liquid enough for a trade size of Rs 0 crore based on 2% of the five-day average traded value. Overall, the combination of strong recent gains, hitting a new high, and outperforming the sector contributes to the stock's rising price, even as investor participation shows signs of decline.