Why is SJS Enterprises falling/rising?

As of 05-Sep, S J S Enterprises Ltd is experiencing a price increase, currently at 1,402.65, reflecting a rise of 16.15 or 1.16%. The stock has shown strong performance, with a 5.94% increase over the past week and a remarkable 20.55% rise over the last month. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The company has demonstrated consistent financial strength, with positive results for the last six consecutive quarters, including a 24.64% growth in PAT and record high net sales. Additionally, the high management efficiency, as evidenced by a return on equity of 16.15% and a low debt-to-equity ratio of 0.02, further supports investor confidence.
In the broader market context, S J S Enterprises has outperformed the Sensex, which has only increased by 1.13% over the past week, while the stock has gained nearly six times that amount. The stock's year-to-date return of 21.68% also significantly surpasses the Sensex's 3.29% increase. However, it is worth noting that there has been a decline in investor participation, with delivery volume falling by 8.09% against the 5-day average, which could indicate a potential concern for liquidity in the future. Despite this, the high institutional holdings at 45.25% suggest that knowledgeable investors continue to support the stock, reinforcing its upward trajectory.