Why is Dharmaj Crop falling/rising?

As of 21-Aug, Dharmaj Crop Guard Ltd's stock price is rising, currently at Rs 365.35, reflecting an increase of Rs 7.15 or 2.0%. The stock has been on an upward trend, gaining for the last seven days and achieving a total return of 14.35% during this period. It opened with a gain of 2% today and has consistently traded at this price level. The stock has outperformed its sector by 1.38% today and has shown strong performance over the past week and month, with returns of +8.22% and +10.26%, respectively. Positive factors contributing to this rise include the company's strong financial health, evidenced by a high EBIT to Interest ratio of 11.95 and significant growth in net sales and operating profit. However, there is a concern regarding falling participation from institutional investors, which may affect future performance.
Broader market context indicates that while Dharmaj Crop has outperformed the Sensex in the short term, with a weekly return of +8.22% compared to the Sensex's +1.74%, it has underperformed over the past year with a return of -0.76% against the Sensex's +1.35%. Despite this, the company's strong fundamentals, including a healthy growth rate and fair valuation compared to peers, suggest a positive outlook. The rising investor participation, as indicated by an 86.07% increase in delivery volume, further supports the stock's upward movement, indicating growing confidence among retail investors.