Why is Balaji Phos. falling/rising?

As of 15-Sep, Balaji Phosphates Ltd is experiencing a price increase, currently at 172.80, reflecting a rise of 4.85 or 2.89%. The stock has shown strong performance today, outperforming its sector by 2.42%. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 47.2% compared to the 5-day average. The stock has also performed well over the past week and month, with returns of +2.64% and +21.65%, respectively, while the benchmark Sensex has only returned +1.20% and +1.78% in the same periods.
In the broader market context, Balaji Phosphates Ltd's short-term performance is notably stronger than that of the Sensex, suggesting that investor sentiment towards the stock is favorable compared to the overall market. The liquidity of the stock is adequate, allowing for trades of a reasonable size, which may further support its price movement. Although there are no specific positive or negative factors detailed, the overall indicators point to a robust demand for the stock, contributing to its rising price.