Why is Archean Chemical falling/rising?

As of 05-Sep, Archean Chemical Industries Ltd is experiencing a price increase, currently at 687.30, which reflects a rise of 1.15 or 0.17%. The stock has been on an upward trend, gaining for the last six days and achieving a total return of 6.25% during this period. Additionally, it has outperformed its sector by 0.81% today. In terms of returns, the stock has increased by 4.82% over the past week and 7.47% over the past month, while it has shown a year-to-date increase of 2.60%. The company benefits from high management efficiency, indicated by a return on capital employed (ROCE) of 28.54%, and a low debt-to-equity ratio, which supports its financial stability. Furthermore, institutional holdings have risen by 1.61% over the previous quarter, suggesting increased confidence from knowledgeable investors.
In the broader market context, Archean Chemical's recent performance has significantly outpaced the benchmark Sensex, which has only increased by 1.13% over the past week and remained flat over the past month. The stock's ability to maintain higher trading levels than its moving averages further indicates strong momentum. However, it is worth noting that there has been a slight decline in investor participation, with delivery volume decreasing by 2.13% against the five-day average. Despite this, the liquidity remains sufficient for trading, which could help sustain the stock's upward trajectory in the near term.