Why is Crestchem falling/rising?

As of 01-Jul, Crestchem Ltd's stock price is currently at 180.35, reflecting an increase of 6.85, or 3.95%. The stock has been gaining momentum, having outperformed its sector by 5.23% today, and it has experienced consecutive gains over the last two days, rising 6.78% in that period. The stock opened with a gain of 3.11% today and reached an intraday high of Rs 181.55. Despite a recent decline of 4.02% over the past month and a significant year-to-date drop of 35.60%, the stock has shown strong performance over the last year with a return of 46.63%. Positive factors contributing to this rise include high management efficiency, a low debt-to-equity ratio, and healthy long-term growth in net sales, which has grown at an annual rate of 32.68%. Additionally, the stock is trading at a fair value compared to its peers, with a PEG ratio of 0.7, indicating that its growth is reasonably priced.
In the broader market context, Crestchem's short-term return of +4.85% over the past week significantly outpaces the Sensex, which has only increased by 2.00% in the same period. This indicates that the stock is gaining traction relative to the overall market. However, the stock's year-to-date performance remains concerning, with a decline of 35.60% compared to the Sensex's increase of 7.11%. The rising investor participation, evidenced by a 144.95% increase in delivery volume, suggests growing confidence among investors, which may be contributing to the recent upward price movement. Overall, while there are some negative factors such as flat results in March and low turnover ratios, the positive indicators seem to be driving the stock's current rise.