Why is Allied Blenders falling/rising?

As of 14-Nov, Allied Blenders & Distillers Ltd is experiencing a price increase, currently at Rs 651.65, which reflects a rise of Rs 26.3 or 4.21%. Today's price performance indicates that the stock has outperformed its sector by 3.37%, reaching an intraday high of Rs 655.7, a gain of 4.85%. The stock has shown strong performance over various periods, with a 1-month return of 23.08% and a remarkable 1-year return of 107.10%, significantly higher than the market's average return of 8.00%. Despite a recent decline in investor participation, as evidenced by a 16.47% drop in delivery volume, the stock remains above its moving averages, suggesting continued investor confidence. The company's strong management efficiency, evidenced by a high return on capital employed (ROCE) of 17.47%, and consistent positive financial results over the last six quarters, including a 105.70% growth in profit after tax, further bolster its recent price movement.
In the broader market context, the stock's short-term return of 1.51% over the past week is slightly below the benchmark Sensex's return of 1.62%. However, the significant long-term performance of Allied Blenders, with a year-to-date return of 51.65% compared to the Sensex's 8.22%, highlights its strong market position. The company's healthy growth trajectory, with an annual operating profit growth rate of 38.70%, positions it favorably against market trends. Overall, while the stock has shown some signs of reduced liquidity, its strong fundamentals and market-beating performance contribute to its rising price.