Why is ARCL Organics falling/rising?

As of 26-Jun, ARCL Organics Ltd is experiencing a price increase, currently at Rs 288.50, reflecting a rise of Rs 7.3 or 2.6%. The stock has shown strong performance today, outperforming its sector by 5.86% and has gained 3.46% over the last two days. It opened with a gain of 3.98% and reached an intraday high of Rs 292.4. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, the company has demonstrated high management efficiency with a return on capital employed (ROCE) of 19.42% and a low debt to EBITDA ratio of 0.70 times, which supports its ability to service debt. The recent financial results have also been promising, with a significant growth in profit after tax and net sales.
In the broader market context, ARCL Organics has outperformed the benchmark, generating a return of 342.42% over the past year compared to the Sensex's 6.46%. The stock's short-term return of 6.69% over the past week also surpasses the Sensex's return of 2.94%. However, it is worth noting that the fertilizers sector has declined by 3.26%, which contrasts with ARCL's positive performance. The increase in investor participation, as evidenced by a 46.81% rise in delivery volume, further supports the stock's upward movement. Despite some concerns regarding long-term growth due to a modest annual operating profit growth rate of 10.04% over the last five years, the current momentum appears to be driven by strong recent performance and positive investor sentiment.