Why is ASM Technologies falling/rising?

As of 28-Aug, ASM Technologies Ltd is experiencing a price increase, with its current price at Rs 3,910.00, reflecting a rise of Rs 56.55 or 1.47%. The stock is currently trading close to its 52-week high, just 1.81% away from Rs 3,980.8, and has outperformed its sector by 3.21% today. Over the past week, the stock has shown a robust return of 8.29%, and it has significantly outperformed the benchmark Sensex, which has declined by 2.34%. The company has demonstrated strong financial health, with a low Debt to EBITDA ratio of 1.28 times and impressive growth metrics, including a 394.48% increase in PAT over the last six months.
In the broader market context, while ASM Technologies has been thriving with a year-to-date return of 185.61%, the Sensex has only managed a modest gain of 2.48%. This stark contrast highlights the stock's strong performance relative to the market. However, there are concerns regarding falling investor participation, as evidenced by a significant drop in delivery volume by 73.99% against the five-day average. Despite this, the stock's long-term growth potential remains strong, supported by consistent positive results over the last five quarters and a healthy operating profit growth rate of 56.24%.