Why is Indokem falling/rising?

As of 02-Jul, Indokem Ltd's stock price is currently at Rs. 276.00, reflecting a decrease of Rs. 0.3 or 0.11%. Despite this slight decline, the stock has shown impressive performance over the past week, rising by 13.11%, and has achieved a remarkable 210.08% increase over the last year. Today, the stock hit a new 52-week high of Rs. 280 before experiencing a pullback, which marks a trend reversal after six consecutive days of gains. The company has reported significant growth in operating profit and net sales, with a 488.89% increase in profit after tax over the latest six months, contributing to its strong performance and investor interest.
In the broader market context, Indokem's short-term performance has significantly outpaced the benchmark Sensex, which has only increased by 0.79% over the past week. The stock's liquidity is also favorable, with a delivery volume that has risen by 134.5% against the five-day average, indicating rising investor participation. This strong performance in both the short and long term, alongside consistent positive quarterly results, suggests that while the stock is currently experiencing a minor decline, its overall trajectory remains robust compared to the broader market.