Why is Amines & Plast. falling/rising?

As of 08-Jul, Amines & Plasticizers Ltd is experiencing a price increase, currently at Rs 258.00, reflecting a rise of Rs 11.7 or 4.75%. The stock has shown strong performance today, outperforming its sector by 5.33% and achieving a consecutive gain over the last three days with a total return of 7.59%. It reached an intraday high of Rs 258.6, and the trading volume has increased significantly, with a 37.93% rise in delivery volume compared to the five-day average. Despite a year-to-date decline of 10.10% and a one-year drop of 14.78%, the company has demonstrated a strong ability to service its debt, evidenced by a low Debt to EBITDA ratio of 1.01 times and a favorable debt-equity ratio of 0.30 times.
In the broader market context, the stock's short-term return of 5.93% over the past week contrasts sharply with the Sensex, which has only increased by 0.02%. This indicates that while the stock has been gaining momentum recently, it has underperformed over the longer term, particularly with a one-year return significantly lower than the market average. The stock's valuation appears expensive with a PEG ratio of 11.7, and the lack of domestic mutual fund investment may suggest caution among institutional investors. Overall, while recent performance is positive, the long-term growth concerns and underperformance relative to the market remain significant factors influencing investor sentiment.