Why is DMCC Speciality falling/rising?

As of 29-Jul, DMCC Speciality Chemicals Ltd is experiencing a price increase, currently at Rs 313.35, reflecting a rise of 7.5 or 2.45%. Today's price summary indicates that the stock has outperformed its sector by 2.03% and has shown a trend reversal after two consecutive days of decline, reaching an intraday high of Rs 313.45. Despite a recent decline of 1.15% over the past week, the stock has performed well over the past month with a return of 20.43%. The company's strong financial performance, including a significant growth in net sales and a low debt-to-EBITDA ratio, has contributed positively to investor sentiment, alongside increasing participation from institutional investors, which suggests confidence in the company's fundamentals.
In the broader market context, the stock's short-term performance has been slightly worse than the benchmark Sensex, which declined by 1.03% over the same week. However, the stock's year-to-date performance shows a decline of 15.31%, contrasting with the Sensex's gain of 4.09%, indicating that while the stock has had a strong recent recovery, it still faces challenges compared to the overall market. The liquidity of the stock remains adequate for trading, despite a notable drop in delivery volume, which may reflect cautious investor behavior. Overall, the combination of positive financial results and institutional interest appears to be driving the recent price increase, even as the stock navigates a challenging market environment.