Why is Himadri Special falling/rising?

As of 15-Jul, Himadri Speciality Chemical Ltd is currently priced at 513.30, reflecting a decrease of 2.45 points or 0.48%. Despite this decline, the stock has shown positive momentum in the past week with a return of 4.14%, and over the past month, it has increased by 8.88%. The stock has also been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally upward trend. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 38.39% compared to the 5-day average. The company has demonstrated strong financial health, with a low Debt to EBITDA ratio of 1.44 times and consistent positive results over the last 13 quarters, which supports its long-term growth potential.
In the broader market context, while Himadri Speciality Chemical has outperformed the Sensex over the past year with a return of 22.96% compared to the index's 2.36%, it has underperformed the sector today by 1.57%. The stock's year-to-date performance shows a decline of 12.25%, contrasting with the Sensex's gain of 5.67%. This divergence highlights the stock's recent struggles despite its strong historical performance and increasing institutional interest, which may provide some support for its price in the longer term.