Why is Archean Chemical falling/rising?

As of 11-Sep, Archean Chemical Industries Ltd is experiencing a price increase, currently at Rs 711.75, reflecting a rise of Rs 14.75 or 2.12%. The stock has shown strong performance recently, gaining 3.73% over the past week and 13.76% over the past month, significantly outperforming the Sensex, which has only increased by 1.03% and 1.17% in the same periods, respectively. Today's trading has seen the stock outperform its sector by 2.26%, and it is currently just 3.13% away from its 52-week high of Rs 734.05. Additionally, the stock has been on a consecutive gain streak for the last two days, with a notable intraday high of Rs 726. The company benefits from high management efficiency, a low debt-to-equity ratio, and increased institutional holdings, which have risen by 1.61% over the previous quarter, indicating strong confidence from knowledgeable investors.
In the broader market context, Archean Chemical's recent performance stands out against the benchmark, as it has outperformed the Sensex in both the short-term and month-to-date comparisons. The stock's liquidity is also favorable, with a significant increase in delivery volume, suggesting rising investor participation. The overall positive sentiment surrounding the stock, bolstered by its strong fundamentals and institutional backing, contributes to its upward price movement, contrasting with the relatively modest gains seen in the broader market.