Why is Alkyl Amines falling/rising?

As of 29-Jul, Alkyl Amines Chemicals Ltd is experiencing a price increase, currently at Rs 2,202.50, reflecting a rise of Rs 44.45 or 2.06%. Today's performance indicates that the stock has outperformed its sector by 1.64% and has shown a trend reversal after two consecutive days of decline. The stock reached an intraday high of Rs 2,210.25, and its delivery volume has increased significantly by 40.87% compared to the 5-day average, suggesting rising investor participation. Over the past year, the stock has gained 6.66%, while year-to-date, it has risen by 24.79%, indicating strong performance relative to the Sensex, which has only increased by 4.09% during the same period. The company also boasts a high return on equity (ROE) of 20.91% and a low debt-to-equity ratio, which contribute positively to its recent price movement.
In the broader market context, Alkyl Amines has shown a relatively better performance compared to the Sensex in the short term, with a 1-week return of -0.88% against the benchmark's -1.03%. This suggests that while both the stock and the market have faced some downward pressure recently, Alkyl Amines has managed to perform slightly better. The stock's liquidity is also adequate for trading, which may further support its price stability and growth. Overall, the combination of strong management efficiency, increased investor interest, and a favorable comparison to the benchmark has contributed to the stock's rising price.