Why is Jaysynth Orgo falling/rising?

As of 04-Jul, Jaysynth Orgochem Ltd's stock price is rising, currently at Rs 23.88, reflecting an increase of Rs 1.07 or 4.69%. The stock has shown strong performance today, outperforming its sector by 3.55% and has been on a consecutive gain streak for the last five days, resulting in a total return of 10.81% over that period. The stock opened with a gain of 3.68% today and reached an intraday high of Rs 24.2, indicating positive momentum. Additionally, the stock is trading above its moving averages across various time frames, and there has been a significant increase in investor participation, with delivery volume rising by 304.45% compared to the five-day average. The company also boasts a low debt-to-equity ratio and impressive long-term growth metrics, with net sales growing at an annual rate of 173.52% and operating profit at 79.92%, contributing to its attractive valuation.
In the broader market context, Jaysynth Orgochem Ltd has outperformed the benchmark index, with a one-week return of +10.81% compared to the Sensex's -0.74%. While the stock has had a year-to-date decline of 14.29%, its one-year return of 17.00% significantly surpasses the market's average return of 6.77%. This performance highlights the stock's resilience and attractiveness to investors, especially given its strong profit growth of 736.3% over the past year, which further supports its recent upward price movement.