Why is Dharmaj Crop falling/rising?

As of 04-Jul, Dharmaj Crop Guard Ltd is experiencing a price increase, currently trading at Rs 324.00, which reflects a rise of Rs 2.1 or 0.65%. The stock has shown a positive performance today, outperforming its sector by 0.33% and has gained 3.15% over the last two days. Over the past week, the stock has increased by 2.18%, while its one-month return stands at an impressive 21.26%. However, despite these gains, the stock's delivery volume has significantly decreased by 66.31% compared to the five-day average, indicating a potential decline in investor participation. Additionally, while the company has a strong ability to service its debt and is trading at a discount compared to peers, it has faced a decline in profits by 16.8% over the past year, which may raise concerns among investors.
In the broader market context, Dharmaj Crop's recent performance contrasts sharply with the Sensex, which has declined by 0.74% over the past week. The stock's year-to-date return of 25.29% also significantly outpaces the Sensex's 6.77% during the same period. This strong performance relative to the benchmark suggests that investor sentiment towards Dharmaj Crop remains relatively positive, despite the noted concerns regarding profit declines and low mutual fund participation. The stock's ability to maintain a higher trading position than its moving averages further supports its upward momentum in the face of broader market challenges.