Why is DMCC Speciality falling/rising?

As of 16-Sep, DMCC Speciality Chemicals Ltd's stock price is currently at 314.30, reflecting an increase of 9.85 or 3.24%. The stock has been gaining for the last two days, with a total return of 4.12% during this period. Despite a day’s low of Rs 292.65, the stock reached an intraday high of Rs 314.8, outperforming its sector by 2.74%. Over the past week, the stock has shown a positive return of 3.39%, although it has experienced a decline of 8.34% over the past month. The company has demonstrated strong financial performance, with a significant growth in net profit and a low debt-to-EBITDA ratio, which has likely contributed to the recent upward movement in its stock price. Additionally, increasing participation by institutional investors may indicate growing confidence in the company's fundamentals.
Broader market context shows that while the stock has outperformed the benchmark Sensex in the short term, with a 1-week return of 3.39% compared to the Sensex's 1.58%, it has underperformed over longer periods, such as a 15.05% decline year-to-date versus the Sensex's 5.43% gain. The overall market has faced challenges, as evidenced by the negative returns of -2.93% in the last year for the BSE500, while DMCC has managed to generate a positive return of 9.45% in the same timeframe. This contrast highlights the stock's ability to attract investor interest despite broader market difficulties, suggesting that specific company strengths are driving its recent price increase.