Why is Alkyl Amines falling/rising?

As of 16-Jul, Alkyl Amines Chemicals Ltd is experiencing a slight increase in its stock price, currently at 2,306.10, reflecting a change of 6.1, or 0.27% upward. The stock has shown a positive trend over the last three days, gaining 3.25% in this period, and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past month, the stock has outperformed the market with a return of 16.09%, compared to the Sensex's 1.02%. Despite a recent decline in delivery volume by 33.6% against the 5-day average, the company maintains a strong management efficiency with a high return on equity of 20.91% and a low debt-to-equity ratio, indicating solid financial health.
In the broader market context, Alkyl Amines has outperformed the benchmark index over the past month and year, with a year-to-date return of 30.66% compared to the Sensex's 5.75%. This indicates that while the stock has faced some challenges, particularly over a three-year period where it has underperformed the benchmark, its recent performance suggests resilience and investor confidence. The stock's ability to generate returns significantly higher than the market average over the past year further supports its upward movement, despite the recent drop in investor participation.