Why is Dishman Carbogen falling/rising?

As of 04-Jul, Dishman Carbogen Amcis Ltd is experiencing a price increase, currently at 262.35, reflecting a rise of 5.85 or 2.28%. Today's price summary indicates that the stock has outperformed its sector by 1.77% and has been on a consecutive gain for the last two days, accumulating a total return of 3.7% during this period. Despite opening with a loss of 2.5%, the stock reached an intraday high of Rs 266.75, and it is trading above all key moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 31.13% compared to the 5-day average. The stock has also shown strong performance over the past year, generating a return of 52.35% while profits have surged by 115.2%, indicating a solid fundamental backdrop.
In the broader market context, Dishman Carbogen's short-term return of +5.17% over the past week stands in stark contrast to the Sensex, which has declined by 0.74%. This suggests that the stock is not only performing well on its own but is also gaining traction against a backdrop of broader market weakness. The increasing participation from institutional investors, who have raised their stake by 0.58%, further supports the stock's positive momentum, as these investors typically have more resources to analyze the company's fundamentals. Overall, the combination of strong recent performance, positive financial results, and increased institutional interest contributes to the stock's rising price.