Why is J.G.Chemicals falling/rising?

As of 31-Jul, J.G.Chemicals Ltd is experiencing a price increase, currently at Rs 503.85, reflecting a rise of 1.35 (0.27%). The stock has shown strong performance recently, gaining 5.34% over the last four days and outperforming its sector by 1.33% today. Additionally, the stock has demonstrated impressive returns over various periods, including a 25.43% increase over the past month and a remarkable 71.41% rise over the past year, while the broader market has faced declines. The company has reported positive financial results, with net sales growing by 26.45% and profit after tax increasing by 38.65% in the latest six months. However, there are concerns regarding long-term growth, as net sales have only grown at an annual rate of 4.00% over the last five years.
In the broader market context, J.G.Chemicals has significantly outperformed the benchmark, with a 1-week return of +3.02% compared to the Sensex's -1.22%. This trend highlights the stock's resilience in a challenging market environment, where the BSE500 has generated negative returns of -3.20% over the past year. The stock's liquidity appears adequate, with a delivery volume increase of 34.41% against the 5-day average, indicating rising investor participation. Despite the positive short-term performance, the lack of domestic mutual fund investment may suggest some caution among institutional investors regarding the stock's valuation or business fundamentals.