Why is Dollex Agrotech falling/rising?

As of 23-Sep, Dollex Agrotech Ltd's stock price is currently at 42.30, reflecting an increase of 0.1 (0.24%). The stock has shown a positive performance today, outperforming its sector by 0.83%. It is trading higher than its 20-day, 50-day, 100-day, and 200-day moving averages, although it is lower than its 5-day moving average. Additionally, there has been a notable rise in investor participation, with delivery volume increasing by 15.38% against the 5-day average. Over the past month, the stock has gained 2.67%, while year-to-date it has risen by 10.73%. However, it has experienced a decline of 8.84% over the past year. The company's net sales growth at an annual rate of 32.40% suggests healthy long-term prospects, but a decrease in promoter holding to 54.2% raises some concerns.
In the broader market context, Dollex Agrotech's short-term return of 0.12% over the past week contrasts with the Sensex, which has declined by 0.28% during the same period. This indicates that the stock is performing relatively well compared to the benchmark. While the stock has shown resilience in the face of broader market challenges, the decrease in promoter holding may influence investor sentiment moving forward. Overall, the stock's recent upward movement can be attributed to strong sales growth and increased trading activity, despite some underlying concerns regarding ownership structure.