Why is Apcotex Industri falling/rising?

As of 19-Sep, Apcotex Industries Ltd is experiencing a price increase, currently at Rs 421.15, reflecting a rise of Rs 10.15 or 2.47%. The stock has been gaining for the last three days, with a total return of 4.5% during this period. It reached an intraday high of Rs 424.5, and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a significant drop in delivery volume, which fell by 83.15% against the 5-day average, the company demonstrates strong fundamentals, including a low Debt to EBITDA ratio of 0.64 times and impressive growth in net sales and operating profit.
In the broader market context, Apcotex's short-term return of 0.66% over the past week is slightly below the benchmark Sensex, which increased by 0.88%. However, the stock has outperformed the Sensex over the past month, with a return of 4.65% compared to the benchmark's 1.20%. The positive performance in the Rubber Products sector, which gained 2.38%, may also contribute to the stock's upward movement. Overall, while the stock shows strong potential for long-term growth, the recent decline in investor participation could be a concern moving forward.