Why is Indian Sucrose falling/rising?

As of 03-Jul, Indian Sucrose Ltd's stock price is currently at Rs 114.00, reflecting an increase of Rs 1.75 or 1.56%. The stock has outperformed its sector today by 1.71%, reaching an intraday high of Rs 115.75, which is a 3.12% increase. Over the past week, the stock has shown a return of +1.50%, while its performance over the last month has been even stronger at +6.56%. Despite a year-to-date decline of -4.80%, the company has reported positive financial metrics, including a high operating profit to interest ratio and a low debt-equity ratio, which contribute to its attractive valuation. The stock is trading at a discount compared to its peers, and while it has generated a slight negative return over the past year, its profits have increased by 17.3%, indicating underlying strength.
In the broader market context, the Sensex has experienced a decline of -0.62% over the past week, contrasting with Indian Sucrose's positive performance. This suggests that the stock's rise may be due to company-specific factors rather than overall market trends. However, it is important to note that there has been a significant drop in investor participation, with delivery volume falling by 82.49% compared to the 5-day average, which could indicate a lack of sustained interest. Despite this, the company's strong financial results and attractive valuation metrics may be supporting the stock's upward movement in the short term.