Why is DMCC Speciality falling/rising?

As of 11-Sep, DMCC Speciality Chemicals Ltd is experiencing a price increase, currently at 308.50, reflecting a rise of 5.45 or 1.8%. Today's price summary indicates that the stock has outperformed its sector by 1.94% and has gained after five consecutive days of decline, reaching an intraday high of Rs 312.25. Despite a year-to-date decline of 16.62%, the stock has shown resilience with a 9.53% return over the past year, supported by strong financial performance, including a 466.42% growth in net profit 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.
Broader market context shows that while the stock has underperformed in the short term with a 1-week return of +0.05% compared to the Sensex's +1.03%, it has managed to outperform the broader market over the past year, where the BSE500 has seen negative returns of -2.29%. The stock's ability to generate positive returns despite broader market challenges highlights its relative strength, particularly in light of its attractive valuation and significant profit growth.