Why is Dalmia BharatLtd falling/rising?

As of 26-Aug, Dalmia Bharat Ltd's stock is currently priced at Rs 2,348.60, reflecting an increase of 3.5 points or 0.15%. The stock has shown a positive performance recently, having gained 0.89% over the last two days and is currently trading close to its 52-week high, just 1.85% away from Rs 2,392. Additionally, the stock has outperformed its sector by 0.6% today. Despite opening with a loss of 2.31% and touching an intraday low of Rs 2,291, the stock is trading above all key moving averages, indicating a strong upward trend. Positive financial results, including a 98.5% growth in PAT and a high operating profit to interest ratio, along with a low debt-to-equity ratio and increasing institutional holdings, have contributed to the stock's favorable movement.
In the broader market context, Dalmia Bharat Ltd has outperformed the Sensex, which has declined by 1.05% over the past week, while the stock itself has increased by 0.37%. Over the past month, Dalmia Bharat Ltd has risen by 5.44%, contrasting with the Sensex's drop of 0.83%. This strong performance is further highlighted by the stock's year-to-date return of 33.08%, significantly surpassing the Sensex's 3.39% return. The rising investor participation, as evidenced by an 11.07% increase in delivery volume, suggests growing confidence in the stock, reinforcing its upward trajectory amidst a generally challenging market environment.