Why is Amal falling/rising?

As of 27-Jun, Amal Ltd's stock price is rising, currently at 671.85, reflecting an increase of 62.05 or 10.18%. The stock has shown strong performance today, outperforming its sector by 8.04% and achieving a consecutive gain over the last two days with a total return of 11.4%. It reached an intraday high of Rs 678, indicating robust trading activity. Over the past week, the stock has increased by 8.67%, and it has delivered impressive returns of 89.79% over the past year, significantly outpacing the market's return of 4.10%. The company has demonstrated healthy long-term growth, with net sales growing at an annual rate of 45.22%, and it has reported positive results for the last seven consecutive quarters, contributing to the stock's upward momentum.
In the broader market context, Amal Ltd's short-term performance is notably strong compared to the benchmark, with a 1-week return of 8.67% against the Sensex's 2.00%. This significant outperformance suggests that investor sentiment towards Amal is positive, likely driven by its strong financial results and consistent growth. However, there is a noted decline in investor participation, with delivery volume falling by 9.82% against the 5-day average, which could indicate a potential concern for future trading activity. Despite this, the overall liquidity remains sufficient for trading, and the stock's performance in the Dyes & Pigments sector, which has gained by 2.3%, further supports its positive trajectory.