Why is Solve Plastic falling/rising?

As of 24-Jul, Solve Plastic Products Ltd is experiencing a price increase, with its current price at 33.40, reflecting a change of 0.2 or 0.6% upward. The stock has shown strong performance in the short term, with a 21.90% increase over the past week and a 15.57% rise over the past month, significantly outperforming the Sensex, which has seen a slight decline of 0.20% over the same week. Today's price summary indicates that the stock has outperformed its sector by 4.49%, and there has been a notable increase in investor participation, with delivery volume rising by 25% against the 5-day average. However, the stock's year-to-date performance remains negative at -26.43%, indicating some volatility. There are no positive or negative factors explicitly listed, but the rising investor participation suggests a growing confidence in the stock.
Broader Market Context: In the context of the broader market, while Solve Plastic has shown impressive short-term returns, the Sensex has only increased by 0.07% over the past month. This indicates that the stock's recent gains are not entirely reflective of the overall market trend, as it has significantly outperformed the benchmark in the short term. The liquidity of the stock is also favorable, being liquid enough for trading, which may contribute to its rising price. Overall, the strong short-term performance against a backdrop of a relatively flat market suggests that specific factors related to Solve Plastic are driving investor interest and confidence.