Why is Alkyl Amines falling/rising?

As of 17-Jul, Alkyl Amines Chemicals Ltd is experiencing a slight increase in its stock price, currently at 2,315.80, reflecting a change of 9.7 or 0.42% upward. The stock has been gaining for the last four days, with a total return of 3.69% during this period. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, there has been a notable decline in investor participation, with delivery volume falling by 37.47% against the 5-day average. Over the past year, the stock has outperformed the broader market, generating a return of 12.49% compared to the BSE500's 0.26%. The company also boasts a high management efficiency with a return on equity (ROE) of 20.91% and a low debt-to-equity ratio, which supports its stable performance.
In the broader market context, Alkyl Amines has shown resilience, with a 1-week return of 0.22% compared to a decline of 1.12% in the Sensex, indicating that it is outperforming the benchmark in the short term. Over the last month, the stock has significantly outperformed the Sensex, with a return of 19.34% against the benchmark's 0.83%. This strong performance amidst a generally weak market suggests that investor confidence in Alkyl Amines remains robust, despite the recent drop in trading volume. Overall, the combination of consistent gains, strong financial metrics, and market-beating performance contributes to the stock's positive movement.