Why is Kronox Lab falling/rising?

As of 24-Jun, Kronox Lab Sciences Ltd is experiencing a price increase, currently at Rs 173.25, reflecting a rise of Rs 5.8 or 3.46%. The stock has shown strong performance recently, gaining 8.93% over the last three days and outperforming its sector by 3.06% today. Additionally, it has outperformed the benchmark Sensex over the past week and month, with returns of 3.31% and 20.86%, respectively. The company maintains a low debt-to-equity ratio, which is favorable and may contribute to investor confidence, supporting the stock's upward movement.
In the broader market context, while the Sensex has shown modest gains of 0.58% over the past week and 0.41% over the past month, Kronox Lab's performance significantly exceeds these benchmarks, indicating strong investor interest despite a year-to-date decline of 12.98%. The stock's liquidity remains adequate, although there has been a slight decrease in delivery volume, which could suggest some caution among investors. Overall, the combination of positive short-term returns and a solid financial structure appears to be driving the stock's recent rise.