Why is Sunshield Chem. falling/rising?

As of 17-Nov, Sunshield Chemicals Ltd is experiencing a significant rise in its stock price, currently at 1,156.75, which reflects an increase of 166.75 or 16.84%. The stock has recently hit a new 52-week and all-time high of Rs 1175, showcasing strong performance today with an intraday high increase of 18.69%. Over the past week, the stock has risen by 13.00%, and in the last month, it has surged by 26.90%, significantly outperforming the Sensex, which has only increased by 1.69% during the same period. However, there has been a notable decline in investor participation, with delivery volume dropping by 87.31% against the 5-day average, indicating a potential concern for sustained momentum.
Broader Market Context: In the context of the broader market, Sunshield Chemicals Ltd's performance is impressive, particularly when compared to the Sensex, which has shown only modest gains. The stock's year-to-date return of 30.85% and a remarkable 641.98% increase over the past five years further emphasize its strong position relative to the benchmark. Despite the high volatility observed today, with an intraday volatility of 8.6%, the stock remains liquid enough for trading. This combination of strong returns and recent price movements suggests that investor sentiment is currently favorable, although the drop in delivery volume may warrant caution moving forward.