Why is Alkyl Amines falling/rising?

As of 31-Jul, Alkyl Amines Chemicals Ltd is experiencing a price increase, currently at 2,351.00, which reflects a rise of 95.0 or 4.21%. The stock has shown strong performance today, outperforming its sector by 5.27% and has been on a consecutive gain streak for the last three days, accumulating a total return of 8.94% during this period. Additionally, the stock has touched an intraday high of Rs 2366.3 and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company has also demonstrated high management efficiency with a return on equity (ROE) of 20.91% and maintains a low debt-to-equity ratio of 0.01 times, contributing positively to investor sentiment.
In the broader market context, Alkyl Amines has outperformed the benchmark, with a 1-week return of +4.41% compared to the Sensex's -1.22%. Over the past year, while the BSE500 has generated negative returns of -3.20%, Alkyl Amines has managed to achieve a positive return of 11.42%. This strong performance relative to the market, coupled with rising investor participation indicated by a 41.34% increase in delivery volume, suggests that the stock is attracting more interest, further supporting its upward price movement.