Why is Dishman Carbogen falling/rising?

As of 30-Jul, Dishman Carbogen Amcis Ltd is experiencing a price increase, currently at Rs 253.00, reflecting a change of 2.05 (0.82%) upward. The stock has shown positive momentum, gaining for the last two days with a total return of 5.84% during this period. It outperformed its sector by 0.48% today and reached an intraday high of Rs 263.45, which is a 4.98% increase. Despite a recent decline in investor participation, as indicated by a 53.32% drop in delivery volume compared to the 5-day average, the stock's performance over the past year has been strong, generating a return of 48.91% while profits have surged by 115.2%. The company is trading at a discount relative to its peers, supported by attractive valuations and solid financial metrics, which contribute positively to its recent price movement.
In the broader market context, Dishman Carbogen's short-term performance has been relatively better than the benchmark, as the stock has outperformed the Sensex by 0.48% today. However, over the past week, the stock has declined by 2.34%, while the Sensex fell by a lesser 1.50%. This indicates that while the stock is currently rising, it has faced challenges in the short term compared to the benchmark. Nonetheless, its long-term performance remains robust, having outperformed the BSE500 over various periods, including the last three years, which suggests a strong underlying demand and investor confidence despite recent fluctuations.