Why is Indo Borax & Ch. falling/rising?

As of 07-Jul, Indo Borax & Chemicals Ltd is experiencing a slight increase in its stock price, currently at 221.35, reflecting a change of 0.35 (0.16%) upward. The stock has shown strong performance recently, gaining 5.91% over the last six days and outperforming its sector by 0.41% today. Over the past week, it has risen by 3.36%, and in the last month, it has achieved a notable 13.43% increase. Additionally, the company has demonstrated impressive long-term performance, with a year-to-date return of 22.84% and a staggering 727.32% increase over the past five years. The company maintains a low debt-to-equity ratio, which is favorable for its financial health and may contribute positively to investor sentiment.
In the broader market context, Indo Borax & Chemicals Ltd has outperformed the Sensex, which has seen a decline of 0.20% over the past week. While the stock's recent performance is strong, it is important to note that investor participation has decreased, with delivery volume falling by 34.85% against the five-day average. Despite this decline in participation, the stock remains liquid enough for trading, indicating that it is still accessible for investors. Overall, the combination of strong returns, low debt levels, and consistent outperformance against benchmarks supports the stock's upward movement, even as some indicators suggest caution regarding investor engagement.