Why is DMCC Speciality falling/rising?

As of 18-Jul, DMCC Speciality Chemicals Ltd is experiencing a price increase, currently at 315.00, reflecting a rise of 7.0 or 2.27%. The stock has shown strong performance today, outperforming its sector by 3.3% and reaching an intraday high of Rs 321.1, which is a 4.25% increase. Over the past week, the stock has surged by 23.41%, while its one-month return stands at 21.76%. Despite a year-to-date decline of 14.86%, the company has demonstrated robust financial health, with a low Debt to EBITDA ratio of 1.44 times and a significant growth in net sales of 49.14%. The positive results over the last three quarters, along with a notable increase in profits and a favorable PEG ratio of 0.4, suggest a strong underlying performance that supports the stock's upward movement.
In the broader market context, DMCC Speciality Chemicals Ltd has significantly outperformed the Sensex, which has declined by 0.90% over the past week, while the stock has gained 23.41%. This contrast highlights the stock's resilience and appeal among investors, particularly with increasing participation from institutional investors, who have raised their stake by 0.91%. However, it is important to note that there has been a decline in delivery volume, which fell by 42.77% against the five-day average, indicating a potential concern regarding investor participation. Overall, the stock's recent rise can be attributed to its strong financial performance and positive investor sentiment, despite some signs of reduced trading activity.