Why is Triliance Poly falling/rising?

As of 18-Nov, Triliance Polymers Ltd is experiencing a price increase, currently at Rs 93.59, which reflects a rise of Rs 4.44 or 4.98%. The stock has shown strong performance today, outperforming its sector by 5.61% and marking its third consecutive day of gains with a total return of 10.12% over this period. Additionally, the stock opened with a gain of 4.99% and reached an intraday high of Rs 93.6. It is also trading above all key moving averages, indicating a bullish trend. Notably, there has been a significant increase in investor participation, with delivery volume rising by 2807.96% compared to the 5-day average, suggesting heightened interest in the stock.
In the broader market context, Triliance Polymers has outperformed the benchmark Sensex over the past week, with a return of 9.71% compared to the Sensex's 0.96%. Year-to-date, the stock has achieved a remarkable return of 43.35%, significantly higher than the Sensex's 8.36%. This strong performance relative to the benchmark indicates that investor sentiment towards Triliance Polymers is positive, likely driven by its recent gains and increased trading activity. There are no negative factors reported that could detract from this positive momentum, further supporting the stock's upward trajectory.