Why is ARCL Organics falling/rising?

As of 04-Sep, ARCL Organics Ltd is experiencing a price increase, currently at Rs. 331.15, which reflects a rise of 17.25 or 5.5%. The stock has recently hit a new 52-week and all-time high of Rs. 345.25 today, showcasing strong performance with a 16.36% return over the last two days. It has outperformed its sector by 6.76% today and opened with a gain of 4.44%. The stock's performance over the past week shows a significant increase of 12.64%, and over the past month, it has risen by 29.28%. Additionally, the company demonstrates high management efficiency with a return on capital employed (ROCE) of 19.42% and a low debt-to-EBITDA ratio of 0.70 times, indicating a strong ability to service its debt.
In the broader market context, while the BSE500 index has generated negative returns of -4.38% over the past year, ARCL Organics has significantly outperformed, achieving a remarkable 224.08% return in the same period. This stark contrast highlights the stock's resilience and attractiveness to investors, as evidenced by a substantial increase in delivery volume, which rose by 1476.05% against the 5-day average. The stock is also trading above all its moving averages, indicating a strong upward trend. Overall, the combination of strong financial metrics, recent price performance, and rising investor participation contributes to the stock's upward movement.