Why is Dishman Carbogen falling/rising?

As of 19-Sep, Dishman Carbogen Amcis Ltd is experiencing a price increase, currently at 300.15, reflecting a rise of 12.65 or 4.4%. The stock has shown strong performance recently, gaining 12.29% over the last three days and is close to its 52-week high, just 2.55% away from Rs 307.8. It has outperformed its sector by 4.13% today and is trading above all key moving averages, indicating positive momentum. Additionally, the stock has demonstrated impressive returns over various periods, including a 64.15% increase over the past year, while its profits have surged by 150.6%. The company's attractive valuation, with a PEG ratio of 0.3 and a significant growth in net sales and profits, further supports the stock's upward movement.
In the broader market context, Dishman Carbogen's short-term return of 13.44% over the past week significantly outpaces the Sensex, which has only risen by 0.88% in the same timeframe. This strong performance highlights the stock's resilience and appeal to investors, especially given the rising investor participation reflected in a 114.54% increase in delivery volume. The company's majority ownership by promoters and its consistent market-beating performance over the long term contribute to a favorable outlook, reinforcing investor confidence amidst a generally stable market environment.