Why is Anupam Rasayan falling/rising?

As of 11-Jun, Anupam Rasayan India Ltd's stock price is rising, currently at Rs 1,099.05, reflecting an increase of Rs 7.05 or 0.65%. The stock has recently hit a new 52-week high of Rs 1,115.9 and has shown significant performance, gaining 10.41% over the last six days. It is trading above all key moving averages, indicating strong upward momentum. Additionally, the company reported its highest quarterly net sales and operating profit, which has positively influenced investor sentiment. The stock has also outperformed the BSE 500 index over various periods, including a 41.43% return over the past year.
In the broader market context, Anupam Rasayan's short-term return of 7.37% over the past week significantly outpaces the Sensex's return of 1.87%, highlighting its strong performance relative to the benchmark. The stock's liquidity is also favorable, with a notable increase in delivery volume, suggesting rising investor participation. Overall, the combination of strong financial results, consistent upward price movement, and outperformance against the benchmark has contributed to the stock's rising price.