Why is Ashapura Minech. falling/rising?

As of 01-October, Ashapura Minechem Ltd's stock price is rising, currently at 667.90, reflecting an increase of 18.1 or 2.79%. The stock has shown strong performance, with a 1-month return of 23.00% and a year-to-date increase of 72.36%. Today's price summary indicates that the stock is close to its 52-week high, just 1.65% away, and has outperformed its sector by 2.5%. Additionally, it is trading above all key moving averages, which suggests positive momentum. However, there is a noted decline in investor participation, with delivery volume falling by 3.8% against the 5-day average. The company's strong fundamentals, including a significant growth in net sales and operating profit, contribute positively to its stock performance, despite concerns regarding management efficiency and high debt levels.
In the broader market context, Ashapura Minechem's recent performance stands in stark contrast to the benchmark Sensex, which has seen a decline of 0.90% over the past week. This indicates that the stock is not only performing well on its own but is also gaining traction relative to the overall market. The company's ability to generate substantial returns over the past year, outperforming the BSE500, further underscores its strong position. However, the low participation from domestic mutual funds may signal caution among institutional investors, which could impact future price movements. Overall, while the stock is currently rising, the mixed signals regarding management efficiency and debt servicing capabilities warrant attention.