Why is Dishman Carbogen falling/rising?

As of 09-Jul, Dishman Carbogen Amcis Ltd is experiencing a price increase, with its current price at 258.25, reflecting a change of 1.25 (0.49%) upward. The stock opened with a gain of 2.67% today and reached an intraday high of Rs 263.85. Despite a recent decline of 6.11% over the past month, the stock has shown strong performance over the last year, generating a return of 52.86%. Positive financial results, including a significant growth in profit before tax and operating profit margins, have contributed to its attractive valuation. Additionally, an increase in institutional investor participation, which now holds 10.75% of the company, indicates growing confidence in the stock's fundamentals.
In the broader market context, Dishman Carbogen has outperformed the Sensex over the past week, with a return of 2.08% compared to the benchmark's 0.15%. However, the stock's year-to-date performance shows a decline of 4.70%, while the Sensex has gained 6.91%. This contrast highlights the stock's volatility in the short term despite its strong long-term performance, where it has outperformed the BSE500 over various periods. The recent increase in price may reflect a correction from previous lows and renewed interest from institutional investors, suggesting a potential for recovery in the near term.