Why is Himadri Special falling/rising?

As of 10-Jul, Himadri Speciality Chemical Ltd's stock price is currently at 509.10, reflecting an increase of 0.45 (0.09%). The stock has shown positive momentum, gaining for the last three consecutive days with a total return of 3.77% during this period. It has outperformed its sector by 1.45% today and is trading above all key moving averages, indicating strong bullish sentiment. Additionally, the company has demonstrated robust financial health, with a low Debt to EBITDA ratio of 1.44 times and consistent growth in net sales and operating profit. Institutional investor participation has also increased, suggesting confidence in the company's fundamentals, which may be contributing to the stock's upward movement.
In the broader market context, Himadri's short-term performance of +1.07% over the past week contrasts positively with the Sensex, which has seen a slight decline of -0.06%. While the stock has underperformed year-to-date with a -12.97% return compared to the Sensex's +6.46%, its strong performance over the last year (+17.64%) and three years (+517.09%) indicates a solid long-term growth trajectory. This combination of recent gains, strong institutional interest, and consistent financial performance positions Himadri Speciality Chemical Ltd favorably, despite some concerns regarding its valuation metrics.