Why is Coromandel Inter falling/rising?

As of 18-Nov, Coromandel International Ltd's stock price is rising, currently at 2,235.90, reflecting an increase of 19.65 (0.89%). The stock has shown strong performance today, outperforming its sector by 1.22% and has been on a consecutive gain for the last two days, with a total return of 1.45% during this period. Additionally, the stock has demonstrated impressive returns over various time frames, including a 30.15% increase over the past year and a remarkable 147.40% rise over the last three years. The company has also reported positive financial results for the last three consecutive quarters, with significant operating cash flow and net sales, which contribute to investor confidence. High management efficiency, as indicated by a return on equity of 20.41%, and a low debt-to-equity ratio further bolster the stock's appeal.
In the broader market context, Coromandel International Ltd has outperformed the Sensex over the past week, month, and year, with respective returns of 2.75%, 4.20%, and 30.15% compared to the Sensex's 0.96%, 0.86%, and 9.48%. This consistent outperformance highlights the stock's strength relative to the market. Furthermore, rising investor participation, as evidenced by a 37.56% increase in delivery volume, indicates growing interest and liquidity in the stock, which is favorable for its price movement. Overall, the combination of strong financial performance, effective management, and positive market sentiment contributes to the stock's upward trajectory.