Why is Kemistar Corp. falling/rising?

As of 24-Sep, Kemistar Corporation Ltd is experiencing a price increase, currently at 102.00, reflecting a rise of 3.0 or 3.03%. The stock has shown strong performance today, outperforming its sector by 3.22% and achieving a consecutive gain over the last two days with a total return of 3.91%. It reached an intraday high of Rs 103.95, indicating positive momentum. Over the past week, the stock has increased by 2.87%, and it has delivered impressive returns of 37.00% over the past month and 20.64% over the past year, consistently outperforming the BSE500 index in recent periods. However, there are concerns regarding falling investor participation, as delivery volume has decreased significantly, which may impact future price movements.
In the broader market context, while Kemistar Corporation has shown strong short-term returns, the Sensex has declined by 1.18% over the past week, highlighting the stock's relative strength against the benchmark. Despite the positive sales results and consistent returns over the last three years, the company faces challenges with weak long-term fundamental strength, including a negative CAGR growth in operating profits and low profitability metrics. This juxtaposition of strong recent performance against underlying financial weaknesses may create a complex outlook for investors, as the stock trades at a discount compared to its peers while still facing scrutiny regarding its long-term viability.