Why is Himadri Special falling/rising?

As of 18-Jul, Himadri Speciality Chemical Ltd's stock price is currently at 514.10, reflecting a decrease of 3.65, or 0.7%. Despite this decline, the stock has shown positive performance in the past week, with a return of 3.05%, and a notable increase of 13.81% over the past month. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally strong trend. However, there has been a significant drop in investor participation, with delivery volume falling by 44.65% compared to the 5-day average. The company has demonstrated a strong ability to service its debt, evidenced by a low Debt to EBITDA ratio of 1.44 times, and has consistently reported positive results for the last 13 quarters, contributing to a healthy long-term growth outlook.
In the broader market context, Himadri's recent performance contrasts with the Sensex, which has seen a decline of 0.90% over the past week. While the stock has outperformed the benchmark in terms of returns over the last year and three years, the current drop in price may be influenced by the reduced trading volume and falling investor participation. Nonetheless, the increase in institutional investor stakes by 0.61% suggests a positive outlook from more knowledgeable market participants, which may provide some support for the stock despite its recent price decline.