Why is Dalmia BharatLtd falling/rising?

As of 01-Sep, Dalmia Bharat Ltd is experiencing a rise in its stock price, currently at 2,403.55, reflecting an increase of 8.75 or 0.37%. The stock has recently hit a new 52-week high of Rs. 2424.3 and has shown a positive performance over the last five days, gaining 3.25%. Additionally, it has outperformed the benchmark Sensex with a 1-week return of +2.49% compared to the Sensex's -1.56%, and has generated a remarkable +36.20% year-to-date return against the Sensex's +2.85%. The company also boasts a low debt-to-equity ratio of 0.03 times and strong financial results, including a 98.5% growth in PAT for the last quarter, which has likely contributed to investor confidence and the stock's upward movement.
In the broader market context, while Dalmia Bharat Ltd has been performing well, the Sensex has struggled, indicating that the stock's rise is somewhat independent of the overall market trends. The stock's liquidity is supported by a delivery volume that has increased by 8.35% against the 5-day average, suggesting rising investor participation. Furthermore, the high institutional holdings at 25.74% indicate confidence from larger investors, which can positively influence retail investor sentiment. Overall, Dalmia Bharat Ltd's strong performance metrics and positive market sentiment have contributed to its rising stock price amidst a challenging broader market environment.