Why is DMCC Speciality falling/rising?

As of 02-Sep, DMCC Speciality Chemicals Ltd is currently priced at 314.25, reflecting an increase of 1.55 (0.5%). The stock has shown a positive trend recently, gaining 1.08% over the last two days and outperforming its sector by 0.41%. Despite a recent 1-week decline of 2.10%, the stock has performed well over the past month with a return of 2.93%. The company has demonstrated strong financial performance, with a remarkable net profit growth of 466.42% and positive results for the last four consecutive quarters, contributing to its attractive valuation and a low Debt to EBITDA ratio of 1.44 times. Additionally, institutional investors have increased their stake, indicating growing confidence in the company's fundamentals.
In the broader market context, while the stock has generated a return of 12.33% over the past year, the benchmark Sensex has seen a decline of 2.91%. This performance highlights the stock's resilience in a challenging market environment, where the BSE500 index has reported negative returns of -4.82% in the last year. However, the stock's recent performance is tempered by a decrease in investor participation, as evidenced by a significant drop in delivery volume. Overall, the combination of strong financial results, institutional interest, and relative outperformance against the benchmark contributes to the stock's current upward movement.