Why is Time Technoplast falling/rising?

As of 16-Sep, Time Technoplast Ltd. is experiencing a slight increase in its stock price, currently at 486.85, with a change of 0.55 (0.11%) upwards. The stock has shown a positive trend recently, gaining 3.12% over the last three days, although it underperformed its sector by 1.06% today. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum. Additionally, the company has a low Debt to EBITDA ratio of 1.34 times, strong operating profit growth at an annual rate of 18.35%, and a return on capital employed (ROCE) of 17.9, which suggests a fair valuation and solid fundamentals. The stock has also generated a return of 15.03% over the past year, with profits rising by 21%, further supporting its positive outlook.
In the broader market context, Time Technoplast's short-term return of 2.27% over the past week outperformed the Sensex, which gained 1.58% in the same period. This indicates that the stock is performing well relative to the overall market. The rising investor participation, evidenced by an 88.63% increase in delivery volume, and high institutional holdings at 21.21% suggest strong confidence among investors. However, it is important to note that the stock has a year-to-date return of -1.36%, contrasting with the Sensex's gain of 5.43%, highlighting some volatility in its performance over a longer timeframe.