Why is Carysil falling/rising?

As of 13-Jun, Carysil Ltd's stock price is rising, currently at Rs. 933.00, reflecting an increase of Rs. 33.65 or 3.74%. The stock has recently outperformed its sector by 3.73% and has reached a new 52-week high of Rs. 943.7 today. Despite a recent trend reversal after three consecutive days of decline, the stock has shown strong performance with a 44.23% increase over the past month and a remarkable 1178.08% rise over the last five years. The company boasts high management efficiency with a return on capital employed (ROCE) of 17.28%, contributing to its positive outlook. However, there is a noted decline in investor participation, with delivery volume falling by 30.87% against the five-day average, which may indicate some caution among investors.
In the broader market context, Carysil's short-term performance has significantly outpaced the benchmark Sensex, which has declined by 1.30% over the past week while Carysil has gained 6.08%. This contrast highlights the stock's resilience and attractiveness to investors in a challenging market environment. Additionally, Carysil's year-to-date return of 24.37% surpasses the Sensex's 3.81%, further reinforcing its strong market position. Overall, the combination of strong historical performance, efficient management, and recent price movements suggests that Carysil is currently viewed favorably by investors, despite some concerns regarding declining trading volumes.